Your employer asks you to determine whether current salaries (DV) can be predicted from years of experience (IV)
What is the right statistical test one should use and why?© SolutionLibrary Inc. solutionlibary.com 9836dcf9d7 https://solutionlibrary.com/statistics/correlation-and-regression-analysis/regression-analysis-7eb9
...tistical test one should use and why?
Here regression analysis is suitable. We can model the DV variable using the IV as
Current salary = b0+b1*Years of ...