Describe various methods for developing a line of best fit

Describe various methods for developing a line of best fit

1. Describe various methods for developing a line of best fit.

2. Why would an organization use more than one pay structure?

3. Describe some of the factors that influence the design of a pay structure.

4. What is the value of having a 5 percent difference between midpoints? A 20 percent difference between midpoints?

5. What are some of the philosophical issues underlying overlap between pay grades?