Consider a researcher intends to conduct an empirical relationship between Earning, Education, Experience and Training. For this purpose, for a particular period of time, researcher takes a sample of 100 individuals and estimated the following equation: Earning 2.5 0.25Education 0.15Experiance 0.12Training. (a) Discuss that how dependent and independent variables are related with each other? (b)Interpret the equatio

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Consider a researcher intends to conduct an empirical relationship between Earning,
Education, Experience and Training. For this purpose, for a particular period of time,
researcher takes a sample of 100 individuals and estimated the following equation:
Earning 2.5 0.25Education 0.15Experiance 0.12Training.
(a) Discuss that how dependent and independent variables are related with each
other?
(b)Interpret the equation.

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