Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 02 Oct 2017 My Price 5.00

annual compensation

The data set in CEOSAL2.RAW contains information on chief executive officers for

U.S. corporations. The variable salary is annual compensation, in thousands of dollars, and ceoten is prior number of years as company CEO.

  1. Find the average salary and the average tenure in the sample.

  2. How many CEOs are in their first year as CEO (that is, ceoten 5 0)? What is the longest tenure as a CEO?

  3. Estimate the simple regression model

log( salary ) 5 b 0 1 b 1 ceoten 1 u ,

and report your results in the usual form. What is the (approximate) predicted per- centage increase in salary given one more year as a CEO?

Answers

Maurice Tutor
(5)
Status NEW Posted 02 Oct 2017 01:10 PM My Price 5.00

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