STATISTICAL TECHNIQUES AND TOOLS
REGRESSION
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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number of years of education and job salary
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positive
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negative
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none
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not enough info
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Explanation:
Detailed explanation-1: -Slogging your way through your schoolwork is not always fun, and if you’re racking up mountains of student debt, you might find yourself wondering whether the work is worth it. But education plays a key role in both finding and keeping a job and can open doors to higher-paying, more stimulating and rewarding careers.
Detailed explanation-2: -Like any decision, investing in education involves an opportunity cost for the worker. Hours spent in the classroom mean less time working and earning income. Employers, however, pay higher wages when the tasks required to complete a job require a higher level of education.
There is 1 question to complete.