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Stream/Area:
-
Subject:
-
Paper ID:
10.55041/IJSREM22551
Volume:
7 |
6 |
Jun 2023
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
The goal of this project is to predict the salary of employees based on their years of experience using a simple linear regression model. The input data for the predictive model is taken as years of experience which is the basis. By using years of experience as the input data we get salary as the output. In the predictive model Linear Regression method is used as there is only one variable i.e. years of experience. With the help of this model by entering the years of experience we will be getting salary as the output. The dataset used in this study includes information on the years of experience and salaries of employees in a particular organization. The data is preprocessed by checking for missing values, outliers, and transforming the variables as necessary. We then perform a simple linear regression analysis on the dataset to investigate the relationship between years of experience and salary. The results show a strong positive linear relationship between the two variables, with a high coefficient of regression (R-squared) of 0.96, indicating that 96% of the variation in salary can be explained by the years of experience.
KEYWORDS
Publication Date
6/5/2023
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
Funding Information
No funding information available for this research.
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