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Twenty-One Executives in a Large Corporation Were Randomly Selected to Study

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Twenty-one executives in a large corporation were randomly selected to study the effect of several factors on annual salary (expressed in $000s). The factors selected were age, seniority, years of college, number of company divisions they had been exposed to, and the level of their responsibility. The results of the regression analysis follow: Twenty-one executives in a large corporation were randomly selected to study the effect of several factors on annual salary (expressed in $000s). The factors selected were age, seniority, years of college, number of company divisions they had been exposed to, and the level of their responsibility. The results of the regression analysis follow:   Which independent variable has the most significant effect on annual salary? Which independent variable has the most significant effect on annual salary?

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Definitions:

Descending Plate

In plate tectonics, a slab of the Earth's lithosphere that is moving downward into the mantle at a convergent boundary.

Decreasing Pressure

A reduction in the force exerted by a fluid (gas or liquid) on a surface.

Partial Melting

the process where only a portion of a solid is melted, which often occurs in the Earth's mantle.

Melting Temperatures

The temperatures at which solid materials become liquids.

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