# Statistics: Regression

The June 1997 issue of Management Accounting gave the following rule for predicting your current salary if you are a managerial accountant. Take \$31,865. Next, add \$20,811 if you are top management, add \$3604 if you are senior management, or subtract \$11,419 if you are entry management. Then add \$1105 for every year you have been a managerial accountant. Add \$7600 if you have a master's degree or subtract \$12,467 if you have no college degree. Add \$11,257 if you have a professional certification. Finally, add \$8667 if you are male.

State the model/method that was used to predict the salary of an accountant? Define the variables.

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