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A company is facing a high churn_out_rate this year, and they are trying to find out why. Salary_hike being one of the significant reasons, let
A company is facing a high churn_out_rate this year, and they are trying to find out why. Salary_hike being one of the significant reasons, let us consider a ccompany'sdata where we try to find the relationship between two variables in R.
- Plot a graph to understand how these variables are related.
- What is the conclusion based on the graph?
- Create a linear model and get a graph
- abline() creates a regression line in the current plot
- Calculate the predict and the residuals value
- Draw a segment for the graph in the red color
- calibrated scales with tick marks on variable vectors in scatterplots and biplots.( use calibrate library)
Salary_hike | Churn_rate |
1580 | 92 |
1580 | 85 |
1580 | 80 |
1580 | 75 |
1580 | 72 |
1580 | 70 |
1580 | 68 |
1580 | 65 |
1580 | 62 |
1580 | 60 |
- Explain your interpretation your finding and thoughts on this model
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