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  • Capstone Project

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    Rohit Belwadkar
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    This capstone project aims to analyze a dataset containing information on engineering graduates to predict annual salaries based on profiles and understand what factors influence salaries. The dataset was collected from a standardized test and includes candidates' personal details, education histories, test scores, employment titles, salaries, and locations. It will be used to predict salaries from profiles and determine what skills and other market factors most impact returns in the labor market.

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    salary prediction by regression model

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    This capstone project aims to analyze a dataset containing information on engineering graduates to predict annual salaries based on profiles and understand what factors influence salaries. The dataset was collected from a standardized test and includes candidates' personal details, education histories, test scores, employment titles, salaries, and locations. It will be used to predict salaries from profiles and determine what skills and other market factors most impact returns in the labor market.

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    © All Rights Reserved
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    202 views1 page

    Capstone Project

    Uploaded by

    Rohit Belwadkar
    This capstone project aims to analyze a dataset containing information on engineering graduates to predict annual salaries based on profiles and understand what factors influence salaries. The dataset was collected from a standardized test and includes candidates' personal details, education histories, test scores, employment titles, salaries, and locations. It will be used to predict salaries from profiles and determine what skills and other market factors most impact returns in the labor market.

    Copyright:

    © All Rights Reserved
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    of 1

    CAPSTONE PROJECT - 08

    Objectives
    Under the project study, we are trying to utilize the dataset containing information about a set of
    engineering graduates and their employment outcomes to analyse the following few use cases –
     Given a new student profile, can we predict his/her annual salary from historic data?
     Can we understand what factors in the labor market determine one’s salary? Is it just one’s
    skills or there are other factors which influence the return in the labor market? What signals
    and biases enter the labor market?

    Dataset Introduction
    The entire data is collected from Aspiring Minds' Employment Outcomes 2015. The dataset contains
    various information about a set of engineering candidates and their employment outcomes. For every
    candidate, the data contains both the profile information along with their employment outcome
    information. Candidate Profile Information includes:
    Scores on Aspiring Minds’ AMCAT – a standardized test of job skills. The test includes cognitive,
    domain and personality assessments
     Personal information like gender, date of birth, etc.
     Pre-university information like high school grades, high school location
     University information like GPA, college major, college reputation proxy.
     Demographic information like location of college, candidates’ permanent location

    Employment Outcome Information includes:


     First job annual salary
     First job title
     First job location

    Random AMCAT takers were surveyed via email wherein they provided information on the dependent
    variables in this dataset – the jobs they are in and their corresponding annual salaries. Corresponding
    independent information about the candidates was recorded at the time of them taking AMCAT.
    Dataset Source: http://research.aspiringminds.com/resources/#ameo

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