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September 30, 2023

Develop a visualization of the relationships between Age and Post-MBA Salary and Pre-MBA Salary. Describe these relationships.

You are to use JASP to complete this assignment. If you are unable to access JASP, you may complete the assignment in Excel.

Instructions:

Download the dataset (provided below). I have provided the data in CSV format (for JASP) and Excel format.

The response variable in this dataset is “Post-MBA Salary”. We are trying to predict this variable using the other variables in the dataset.

1. Develop a visualization of the relationships between Age and Post-MBA Salary and Pre-MBA Salary. Describe these relationships.

2. Build a linear regression model with Age and Pre-MBA Salary to predict Post-MBA Salary. Comment on the quality of this model.

3. Build a linear regression model with Age, Pre-MBA Salary, Gender, and an interaction between gender and Pre-MBA salary to predict Post-MBA Salary. Comment on the quality of this model. How does this model differ from the model from Qn 2?

Place your work (visualizations, model summaries, and commentary) in a Word (or PDF) document.

Requirements: as long as needed to answer questions

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