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Salary Prediction Model for Non-academic Staff Using Polynomial Regression Technique.

Authors :
Ayua, Samuel Iorhemen
Malgwi, Yusuf Musa
Afrifa, James
Source :
Artificial Intelligence & Applications (2811-0854); Oct2024, Vol. 2 Issue 4, p358-365, 8p
Publication Year :
2024

Abstract

The idea of regression has increased rapidly and significantly in the machine learning domain. This paper builds a salary prediction model to predict a justifiable salary of an employee commensurate to the increase or decrease in exchange rate (XR) using polynomial regression (PR) techniques of degree 2 in Jupyter Notebook on Anaconda Navigator tool. Predicting a feasible salary for an employee by the employer is a challenging task since every employee has a high goal and hope as the standard of leaving increases without a corresponding increase in salary. Thismodel uses a salary dataset fromTaraba StateUniversity, Jalingo, Nigeria in building and training the model andXRdataset for the prediction of employee salary. The result of the research shows that since the distribution of the dataset was nonlinear and the major feature significant in determining employee's salary from the in-salary dataset was grade level and XR, this fully confirmed the use of PR algorithm. The research has immensely contributed to the knowledge and understanding of regression techniques. The researcher recommended other machine learning algorithms explored with various salary datasets and the potential applicability of machine learning fully incorporated in the financial department on the large dataset for better performance. The model performance was evaluated using R2 scores accuracy and the value of 97.2% realized, indicating how well the data points fit the line of regression and unseen dataset in the developed model. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
28110854
Volume :
2
Issue :
4
Database :
Complementary Index
Journal :
Artificial Intelligence & Applications (2811-0854)
Publication Type :
Academic Journal
Accession number :
181014733
Full Text :
https://doi.org/10.47852/bonviewAIA3202795