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Employee Salary Regression Analysis

The document summarizes a multiple regression analysis examining how education level, gender, and minority classification affect starting salary for employees at a company. It finds that the overall regression model is significant, with education level and gender as significant predictors of starting salary. However, minority classification was not a significant predictor. The regression equation and coefficients are provided, along with other outputs like standardized coefficients, confidence intervals, ANOVA table, and conclusions.

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0% found this document useful (0 votes)
71 views10 pages

Employee Salary Regression Analysis

The document summarizes a multiple regression analysis examining how education level, gender, and minority classification affect starting salary for employees at a company. It finds that the overall regression model is significant, with education level and gender as significant predictors of starting salary. However, minority classification was not a significant predictor. The regression equation and coefficients are provided, along with other outputs like standardized coefficients, confidence intervals, ANOVA table, and conclusions.

Uploaded by

Asta Black
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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A P P L I E D S TAT I S T I C S [ U S I N G S P S S ]

Multiple
Regressions
Presented by Group 7
GOAL OF THE PROJECT

How the beginning salary of the employees in a


company are effected by:
Variables Entered/Removed
• Education
• Gender Model Variables Entered Variables Removed Method
• Minority Classification

MINORITY
CLASSIFICATION,
1 . Enter
EDUCATIONAL LEVEL,
SEX OF Employee

a. Dependent Variable: BEGINNING SALARY


b. All requested variables entered.
n = 100
k=3
Y= The beginning salary of an employee
X1 = Education Level
X2 = Gender
X3 = Minority Classification
D ATA & VA R I A B L E S
Coefficients Regression Equation
Standardize
Unstandardized
d
Coefficients
Model Coefficients t Sig.

B Std. Error Beta ŷ= 1663.813+


(Constant) 1663.813 1172.385   1.419 .159 436.204X1-
EDUCATIONAL
436.204 78.725 .461 5.541 <.001 1787.969X2 -
LEVEL
1
SEX OF
-1787.969 445.887 -.336 -4.010 <.001
581.946X3
EMPLOYEE
MINORITY
-581.946 477.202 -.101 -1.219 .226
CLASSIFICATION

a. Dependent Variable: BEGINNING SALARY


explanation of slope
values
The estimated regression equation is-
 
ŷ= 1663.813+ 436.204X1 - 1787.969X2 - 581.946X3

a=1663.813
b1 = 436.204
b2 = -1787.969
b3 = -581.946
Coefficient of Multiple
Determination;
Standard Deviation of
Errors

Model Summary
SE 2047.835

Model R R Adjusted Std.


Square R Square Error of the R SQUARE
Estimate
41.2%

ADJUSTED R SQUARE
1 .642a .412 .393 2047.835
39.3%

a. Predictors: (Constant), MINORITY CLASSIFICATION,


EDUCATIONAL LEVEL, SEX OF EMPLOYEE
CONFIDENCE LEVEL

95%
FOR REGRESSION COEFFICIENT

• We can state that for one extra year of education, the beginning
salary changes by an amount between $ 281.9031 to $590.505
• We can state that for a change in gender of an employee, the
beginning salary changes by an amount between
$ -2661.908 to $ -914.03
• We can state that for a change in minority classification, the
beginning salary changes by an amount between $ -1517.262 to $
353.37

THE ΑLPHA = (1-95% /2) = (.05/2) =.025


Df = n-k-1= (100-3-1) = 96
ANOVAa

Model Sum of Squares df Mean Square F Sig.

Regression 281537459.945 3 93845819.982 22.378 <.001b


ANOVA Table
1 Residual 402588207.895 96 4193627.166    

Total 684125667.840 99      

a. Dependent Variable: BEGINNING SALARY

b. Predictors: (Constant), MINORITY CLASSIFICATION, EDUCATIONAL LEVEL, SEX OF EMPLOYEE


Significant
C U SS IO N & Factors!
DIS
C O N C L U S IO N H0: B1 = 0 (Coefficient of
education is equal to zero)
H0: B2 = 0 (Coefficient of
• The overall regression model was gender of employees is equal to
zero)
significant as F (3,96) = 22.378, p < .001,
H0: B3
R square = .412 = 0 (Coefficient of
• The variables of education and gender of minority Classification is
equal to zero)
employees are significant because both of
their P-values are 0.000.
• Minority Classification has a P-value
of .226 which makes it a relatively less
THANK YOU!

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