Multiple Regression Analysis: SFA Professors' Salaries
Description
There is always a certain curiosity and controversy surrounding professor’s salaries and whether they are overpaid or not paid enough. We have decided to try and untangle this wonder by creating a regression model in which the average person could easily understand while solving this lingering question. It is the average student’s opinion that professors make way too much compared to their daily tasks.
On the other hand, many professors are always complaining that they are not paid enough with their advanced degree and work load, not to mention the option always hovers over their head of pursuing a different career with greater return. Other studies have proven that professors at SFASU do earn less, on average holding all other variables constant, than other schools of its caliber in peer-group comparison.
With this data, the public can better understand what all goes into determining each professor’s salary and in turn, prove that all the tuition funds spent on the salaries is justified.
Multiple Regression Analysis: SFA Professors' Salaries
There is always a certain curiosity and controversy surrounding professor’s salaries and whether they are overpaid or not paid enough. We have decided to try and untangle this wonder by creating a regression model in which the average person could easily understand while solving this lingering question. It is the average student’s opinion that professors make way too much compared to their daily tasks.
On the other hand, many professors are always complaining that they are not paid enough with their advanced degree and work load, not to mention the option always hovers over their head of pursuing a different career with greater return. Other studies have proven that professors at SFASU do earn less, on average holding all other variables constant, than other schools of its caliber in peer-group comparison.
With this data, the public can better understand what all goes into determining each professor’s salary and in turn, prove that all the tuition funds spent on the salaries is justified.
