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The following information is presented: Equation i. Y= a + bx ii. Y = predicted salary iii. X = job evaluation points iv. a =

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The following information is presented: Equation i. Y= a + bx ii. Y = predicted salary iii. X = job evaluation points iv. a = the Y intercept: the Y value at which X = 0 v. b = the slope Represents the change in Y for every change in the job evaluation points Represents the dollar value of each job evaluation point Example: Regression Analysis Y=a+bX Y = $32,315.66 +$12.21X Job evaluation points: Accountant I - 125 points Accountant IL - 525 points Accountant III = 1125 points Please calculate the salaries for these accountants: Accountant 1 Accountant II: Accountant

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