Management information system technology

Suppose you wanted to examine a research question: “What factors may influence one’s annual salary?” To answer this question, you first collect the following variables from a group of individuals: 1)Annual salary, measured in thousand USD 2)Schooling, measured in year 3)Age, measured in year Next, you specify a regression model: Annual salary = Intercept + b1*Schooling + b2*Age Finally, you run the regression analysis in Excel.

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