Salary and employee satisfaction In 2015, a study was conducted among a sample of 221,000 users of
Question:
Salary and employee satisfaction In 2015, a study was conducted among a sample of 221,000 users of the website www
.glassdoor.com. It explored the link between salary (in dollars)
and employee satisfaction (measured on a rating scale of 0 to 100). According to their model, if an employee making
$40,000 per year were given a raise to $44,000 per year, his employee satisfaction rating would increase by 1 point.
a. Assuming a straight-line regression of y = employee satisfaction on x = annual salary, what is the slope?
Interpret it.
b. If x measures salary per month (rather than per year), then what is the slope? Interpret the slope.
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