SCENARIO 14-2 A professor of industrial relations believes that an individual's wage rate at a factory $( Y )$ depends on his performance rating $\left( X _ { 1 } \right)$ and the number of economics courses the employee successfully completed in college $\left( X _ { 2 } \right)$. The professor randomly selects 6 workers and collects the following information:

-Referring to Scenario 14-2, for these data, what is the estimated coefficient for the number of economics courses taken, $b _ { 2 } $ ?
A) 0.616
B) 1.054
C) 6.932
D) 9.103

Question

SCENARIO 14-2 A professor of industrial relations believes that an individual's wage rate at a factory $( Y )$ depends on his performance rating $\left( X _ { 1 } \right)$ and the number of economics courses the employee successfully completed in college $\left( X _ { 2 } \right)$. The professor randomly selects 6 workers and collects the following information:

-Referring to Scenario 14-2, for these data, what is the estimated coefficient for the number of economics courses taken, $b _ { 2 } $ ?
A) 0.616 
B) 1.054 
C) 6.932 
D) 9.103

Quizplus · Accepted Answer

The estimated coefficient for the number of economics courses taken, $b _ { 2 } $, is 0.616, as indicated by the given options.

SCENARIO 14-2 a Professor of Industrial Relations Believes That an Individual's