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BUSM 5130 Final Exam Part 2 Experience Test Salary Your company has signed a contract with the government to develop a software to track (years) Score Degree ($00) illegal internet activities. To do the required work in the contract, your company hired a new software developer. Your human resource manager is in the process for determining the annual salary for this new employee. She looks at the records of 20 employees who currently work for the company and wants to use the information that is available to make a decision about the salary of the new employee. She believes that three variables affect the salary and they are j) previous work experience, n) admission test score and in) whether the employee has a degree in information technology. A sample of data of the above variables for 20 employees is given in the next page of this file. Do a complete regression analysis and answer the following questions. 1- Write the estimated repression equation. 2- Is the repression model you developed significant? 3- Is there a relationship between each independent variable and the dependant variable? How strong is the relationships in the model? 5- Interpret the slope for each variable. 6- Determine and interpret the coefficient of determination. 7- Test the assumption of the model (linearity, independence, normality and homoscedasticity). 8- Is there any positive autocorrelation available in the data? (Durbin Watson rest) 9- Calculate adjusted R] 10- How much annual salary should the HR offer to the new employee assuming that she has a degree in IT, scored 82 in the admission test and has 9 years of work experience