Data science is one of the fastest growing business functions, which is reflected in salaries for data science jobs. Because the work is done almost entirely using computers, such jobs can usually be performed remotely. The Covid pandemic has made remote work more common. To determine how remote work affects salaries, a dataset with a sample of 169 data science jobs can be found below. The dataset includes the following variables: itle
For parts: a,b,c,d,e
Job Title |
Salary |
Large Company |
US Employer |
Remote |
Data Science Consultant |
64369 |
1 |
0 |
1 |
Head of Data Science |
85000 |
0 |
0 |
0 |
Head of Data |
230000 |
1 |
0 |
1 |
Machine Learning Engineer |
125000 |
0 |
1 |
1 |
Data Analytics Manager |
120000 |
0 |
1 |
1 |
Data Science Engineer |
127543 |
1 |
0 |
1 |
Manager Data Science |
144000 |
1 |
1 |
1 |
Data Scientist |
13400 |
1 |
0 |
1 |
Data Scientist |
75966 |
1 |
0 |
1 |
Data Scientist |
150000 |
0 |
1 |
1 |
Data Engineering Manager |
153000 |
1 |
1 |
1 |
Data Engineer |
90000 |
1 |
1 |
1 |
Data Analyst |
90000 |
0 |
1 |
1 |
Data Analyst |
60000 |
0 |
1 |
1 |
Data Scientist |
50000 |
1 |
0 |
1 |
Applied Data Scientist |
54376 |
1 |
0 |
1 |
Machine Learning Engineer |
47681 |
0 |
0 |
1 |
Director of Data Science |
154963 |
1 |
0 |
1 |
Data Engineer |
28801 |
1 |
0 |
1 |
Data Analytics Engineer |
110000 |
1 |
1 |
1 |
Research Scientist |
83000 |
1 |
0 |
1 |
Data Analyst |
59601 |
0 |
0 |
1 |
Data Analyst |
80000 |
0 |
0 |
1 |
Data Engineer |
140000 |
1 |
1 |
1 |
Data Analytics Engineer |
79866 |
1 |
0 |
1 |
Lead Data Analyst |
170000 |
1 |
1 |
1 |
Data Analyst |
80000 |
0 |
1 |
1 |
BI Data Analyst |
100000 |
0 |
1 |
1 |
Data Scientist |
53641 |
1 |
0 |
1 |
Head of Data |
235000 |
1 |
1 |
1 |
BI Data Analyst |
150000 |
1 |
0 |
1 |
Machine Learning Scientist |
225000 |
1 |
1 |
1 |
Data Science Consultant |
77481 |
0 |
0 |
1 |
Marketing Data Analyst |
89402 |
1 |
0 |
1 |
Lead Data Engineer |
103750 |
0 |
0 |
1 |
Director of Data Engineering |
114125 |
0 |
0 |
1 |
Machine Learning Engineer |
95362 |
1 |
0 |
1 |
Data Engineer |
30509 |
1 |
0 |
1 |
Data Engineer |
150000 |
0 |
1 |
1 |
Data Engineer |
115000 |
0 |
1 |
1 |
Research Scientist |
187917 |
1 |
0 |
1 |
Data Analyst |
51814 |
1 |
0 |
1 |
BI Data Analyst |
36732 |
1 |
0 |
1 |
Data Engineer |
150000 |
1 |
1 |
1 |
Computer Vision Software Engineer |
96554 |
0 |
0 |
1 |
Computer Vision Software Engineer |
70000 |
0 |
1 |
1 |
Financial Data Analyst |
450000 |
1 |
1 |
1 |
Cloud Data Engineer |
89514 |
1 |
0 |
1 |
Data Scientist |
29831 |
1 |
0 |
1 |
Lead Data Engineer |
276000 |
1 |
1 |
0 |
Cloud Data Engineer |
160000 |
0 |
0 |
1 |
Data Engineer |
200000 |
1 |
1 |
1 |
Data Engineering Manager |
174000 |
1 |
1 |
1 |
Data Analyst |
93000 |
1 |
1 |
1 |
Data Scientist |
28475 |
0 |
0 |
1 |
Research Scientist |
61270 |
1 |
0 |
1 |
Data Scientist |
90000 |
0 |
1 |
1 |
Principal Data Analyst |
170000 |
0 |
1 |
1 |
Data Engineer |
96833 |
1 |
0 |
1 |
Data Engineer |
13105 |
0 |
0 |
0 |
Data Scientist |
36952 |
1 |
0 |
1 |
Data Engineer |
72625 |
1 |
0 |
1 |
Big Data Architect |
99956 |
0 |
0 |
1 |
Data Scientist |
165000 |
1 |
1 |
1 |
Data Analyst |
80000 |
1 |
1 |
1 |
Data Scientist |
103954 |
1 |
0 |
1 |
Data Engineer |
21695 |
0 |
0 |
1 |
Research Scientist |
63971 |
0 |
0 |
1 |
Head of Data Science |
110000 |
0 |
1 |
0 |
Data Architect |
180000 |
1 |
1 |
1 |
Data Analyst |
200000 |
1 |
1 |
1 |
Director of Data Engineering |
200000 |
1 |
1 |
1 |
ML Engineer |
256000 |
0 |
1 |
1 |
Data Engineer |
110000 |
1 |
1 |
1 |
Data Engineer |
72500 |
1 |
1 |
1 |
Machine Learning Engineer |
185000 |
1 |
1 |
1 |
Research Scientist |
100000 |
1 |
0 |
0 |
Data Engineer |
112000 |
1 |
1 |
1 |
Data Scientist |
21843 |
1 |
0 |
1 |
AI Scientist |
55000 |
1 |
0 |
1 |
Data Scientist |
58000 |
1 |
1 |
1 |
Data Scientist |
100000 |
0 |
1 |
1 |
Data Scientist |
78340 |
0 |
0 |
1 |
Machine Learning Engineer |
85000 |
0 |
0 |
1 |
Data Science Consultant |
77481 |
1 |
0 |
0 |
Data Engineer |
65561 |
0 |
0 |
1 |
Data Engineer |
30337 |
0 |
0 |
1 |
Data Engineer |
111775 |
0 |
1 |
0 |
Data Engineer |
93150 |
0 |
1 |
0 |
Lead Data Engineer |
160000 |
0 |
0 |
1 |
Data Scientist |
25747 |
0 |
0 |
1 |
Machine Learning Engineer |
66442 |
1 |
0 |
0 |
Data Scientist |
16949 |
0 |
0 |
1 |
Data Analyst |
64369 |
1 |
0 |
1 |
Director of Data Science |
143043 |
1 |
0 |
0 |
Big Data Engineer |
16271 |
1 |
0 |
1 |
Data Analyst |
71968 |
0 |
0 |
1 |
Data Scientist |
135000 |
1 |
1 |
0 |
Machine Learning Engineer |
25032 |
0 |
0 |
1 |
Data Science Manager |
54238 |
1 |
0 |
1 |
Machine Learning Engineer |
24407 |
1 |
0 |
1 |
BI Data Analyst |
9272 |
0 |
0 |
1 |
Data Scientist |
147000 |
1 |
1 |
1 |
Research Scientist |
96357 |
1 |
0 |
1 |
Data Science Manager |
174000 |
1 |
1 |
1 |
Machine Learning Engineer |
21844 |
0 |
0 |
1 |
Data Science Consultant |
70329 |
0 |
0 |
1 |
Data Analytics Engineer |
50000 |
0 |
0 |
1 |
Data Engineer |
4000 |
0 |
0 |
1 |
Data Engineer |
26224 |
1 |
0 |
0 |
Data Scientist |
91500 |
1 |
0 |
1 |
Big Data Engineer |
22671 |
1 |
0 |
0 |
Data Scientist |
5695 |
0 |
0 |
1 |
Machine Learning Engineer |
81000 |
0 |
1 |
1 |
Data Scientist |
40798 |
1 |
0 |
1 |
Data Scientist |
2876 |
0 |
0 |
0 |
Data Science Consultant |
90000 |
0 |
1 |
1 |
Data Scientist |
61985 |
0 |
0 |
1 |
Machine Learning Infrastructure Engineer |
195000 |
0 |
1 |
1 |
Data Scientist |
38144 |
1 |
0 |
1 |
Machine Learning Scientist |
225000 |
1 |
1 |
1 |
Data Scientist |
56578 |
1 |
0 |
1 |
Data Scientist |
33899 |
0 |
0 |
0 |
Data Scientist |
117583 |
1 |
0 |
1 |
Machine Learning Engineer |
47129 |
1 |
0 |
1 |
Machine Learning Engineer |
89402 |
0 |
0 |
1 |
Data Scientist |
89402 |
1 |
0 |
1 |
Data Engineer |
66400 |
0 |
0 |
1 |
Research Scientist |
57217 |
0 |
0 |
1 |
Machine Learning Engineer |
25032 |
1 |
0 |
1 |
Data Analytics Manager |
120000 |
1 |
1 |
0 |
Machine Learning Engineer |
200000 |
1 |
1 |
1 |
Data Scientist |
160000 |
1 |
1 |
1 |
Research Scientist |
50000 |
0 |
0 |
1 |
Data Science Engineer |
40529 |
0 |
0 |
1 |
Principal Data Engineer |
600000 |
1 |
1 |
1 |
Data Scientist |
13000 |
0 |
0 |
0 |
Data Engineer |
165000 |
0 |
1 |
0 |
Big Data Engineer |
5898 |
1 |
0 |
0 |
Principal Data Engineer |
185000 |
1 |
1 |
1 |
Data Scientist |
91500 |
1 |
0 |
1 |
Data Analytics Manager |
140000 |
1 |
1 |
1 |
Data Scientist |
87961 |
0 |
0 |
1 |
Finance Data Analyst |
62250 |
1 |
0 |
1 |
Data Engineer |
77481 |
0 |
0 |
1 |
Machine Learning Engineer |
74000 |
0 |
0 |
1 |
Data Science Manager |
152000 |
1 |
1 |
1 |
Big Data Engineer |
18000 |
0 |
0 |
0 |
Data Scientist |
130000 |
1 |
1 |
1 |
Computer Vision Engineer |
19052 |
0 |
0 |
0 |
Business Data Analyst |
59601 |
1 |
0 |
1 |
Principal Data Scientist |
175228 |
0 |
0 |
1 |
Data Scientist |
47204 |
0 |
0 |
1 |
Data Scientist |
4000 |
0 |
0 |
0 |
AI Scientist |
18102 |
0 |
0 |
1 |
Data Scientist |
115000 |
1 |
1 |
1 |
Principal Data Scientist |
235000 |
1 |
1 |
1 |
Lead Data Analyst |
19661 |
1 |
0 |
1 |
Data Analyst |
75000 |
1 |
1 |
0 |
Data Analyst |
62000 |
1 |
1 |
0 |
Data Scientist |
73000 |
1 |
1 |
0 |
Data Engineer |
45773 |
1 |
0 |
1 |
Director of Data Science |
168000 |
0 |
0 |
0 |
Data Scientist |
119353 |
0 |
0 |
1 |
Applied Machine Learning Scientist |
423000 |
1 |
1 |
1 |
Data Engineer |
28608 |
1 |
0 |
1 |
Data Specialist |
165000 |
1 |
1 |
1 |
Principal Data Scientist |
151000 |
1 |
1 |
1 |
Data Science Manager |
94917 |
1 |
0 |
1 |
![1. Data science is one of the fastest growing business functions, which is reflected in salaries for data science jobs. Because the
work is done almost entirely using computers, such jobs can usually be performed remotely. The Covid pandemic has made
remote work more common. To determine how remote work affects salaries, a dataset with a sample of 169 data science jobs
can be found below. The dataset includes the following variables:
Job Title
Salary (US $) - annual salary in US dollars
Large Company – dummy variable indicating whether the company has more than 250 employees (1=yes, 0=no)
US Company – dummy variable indicating whether the company is US-based (1=yes, 0=no) Remote – dummy variable
indicating whether the job is remote (1=yes, 0=no)
a) Using the below", estimate a simple linear regression to predict Salary using only Remote as an independent variable. How
well does the model fit the dependent variable? Report the relevant value and briefly explain.
b) What is the estimated slope coefficient for the model estimated in part (a)? Interpret that slope coefficient. Is there a linear
relationship between the independent and dependent variables at a= .05? Report the relevant test statistic and p-value for
that test statistic.
c) Now estimate a multiple linear regression to predict Salary using all available independent variables: Large Company, US
Company, and Remote (do not include Job Title). Write the estimated regression equation.
d) Is the model estimated in part (c) statistically significant at the a = .05 level? Write the null and alternative hypotheses for this
test, the appropriate test statistic, the p-value for that test statistic, as well as your conclusion.
e) Which independent variables (if any) in the model estimated in part (c) are related to the dependent variable Salary at the a =
.05 level, given the other independent variables in the model? Include relevant values from the data output to support your
conclusions.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3ed16fbd-5a1e-4d12-bfef-1f470a391a90%2F54b7a5ff-dd48-45af-8e6a-e008d097bd82%2Fnrastzq_processed.png&w=3840&q=75)
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