Linear regression provides a simple linear model for relationships between independent and dependent variables, while polynomial regression allows for modeling of nonlinear relationships by transforming features into higher-order polynomials. Both methods were used to estimate the annual salaries of three individuals based on their position, experience, and seniority. Linear regression estimates were below expectations for two individuals. Polynomial regression estimates improved with higher polynomial degrees but began to diverge beyond around 10 times. Overall, polynomial regression with degrees between 7-10 provided the best fitting estimates compared to actual expectations.