Hi- I need to respond to a discussion on regression. Would you be able to provide a responsible yet simple response to it:

Like most jobs you look at pay rate, experience and education level. Usually your salary (pay rate) is determined by your experience, unless you have a flat pay rate from the start. I would intercept it by using the x and y method and determine the slope using a line graph. Regression equations can be tricky and pertain other variables because it depends on what you are trying to figure out.