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Janice and Shunil are both senior software analysts. They have worked together on projects for six years and get along great. Janice is pregnant and anticipating the arrival of her first child and she is not willing to work full time. Shunil would like to experiment with opening his own business as a home media installation consultant, and does not want to continue to work full time. They both need some income. Which of the following alternative job structures would be best for Janice and Shunil?
Slope
In mathematics, the rate at which a line inclines or declines, indicating the steepness of the line.
Regression Line
A straight line that describes how a response variable Y changes as an explanatory variable X changes, used in linear regression.
Least Squares Regression Line
A straight line that minimizes the sum of the squared differences between the observed values and the values predicted by the line.
Estimated Value
An approximation of a quantity based on available information or statistical methods.
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