TABLE 14-2
A professor of industrial relations believes that an individual's wage rate at a factory (Y) depends on his performance rating (X₁) and the number of economics courses the employee successfully completed in college (X₂) .The professor randomly selects 6 workers and collects the following information:
-Referring to Table 14-2,for these data,what is the estimated coefficient for the number of economics courses taken,b₂?

Question

TABLE 14-2
A professor of industrial relations believes that an individual's wage rate at a factory (Y) depends on his performance rating (X₁) and the number of economics courses the employee successfully completed in college (X₂) .The professor randomly selects 6 workers and collects the following information:

TABLE 14-2 A professor of industrial relations believes that an individual's wage rate at a factory (Y) depends on his performance rating (X<sub>1</sub>) and the number of economics courses the employee successfully completed in college (X<sub>2</sub>) .The professor randomly selects 6 workers and collects the following information: -Referring to Table 14-2,for these data,what is the estimated coefficient for the number of economics courses taken,b<sub>2</sub>? A) 0.616 B) 1.054 C) 6.932 D) 9.103

-Referring to Table 14-2,for these data,what is the estimated coefficient for the number of economics courses taken,b₂?

Quizplus · Accepted Answer

The estimated coefficient for the number of economics courses taken, b2, is 0.616 as per the data provided in Table 14-2.

TABLE 14-2 A Professor of Industrial Relations Believes That an Individual's Wage