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Suppose data were recorded for 100 employees of a large company that included annual salaries and ...

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Suppose data were recorded for 100 employees of a large company that included annual salaries and ...

Suppose data were recorded for 100 employees of a large company that included annual salaries and the
number of years the employee has been in their current position. The mean annual salary was $58,000 with
a standard deviation of 12,500. The mean number of years in the current position is 10 with a standard
deviation of 3. The correlation coefficient between the two variables is approximately 0.93.

If an employee earns an annual salary of $85,000, approximately how long has she held her current position at the company? Round your answer to the nearest year.

Textbook

Introductory Statistics: Exploring the World Through Data

Edition: 2^nd

Authors: Gould, Ryan

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More solutions for this book are available here

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Thanks for your help!!

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