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 1 ) and the number of economics courses the employee successfully completed in college (X 2 ). The professor randomly selects 6 workers and collects the following information:
$$\begin{array} { c c r r }
\text { Employee } & Y ( \$ ) & X _ { 1 } & X _ { 2 } \
\hline 1 & 10 & 3 & 0 \
2 & 12 & 1 & 5 \
3 & 15 & 8 & 1 \
4 & 17 & 5 & 8 \
5 & 20 & 7 & 12 \
6 & 25 & 10 & 9 \
\hline
\end{array}$$
-Referring to Table 14-2, suppose an employee had never taken an economics course and managed to score a 5 on his performance rating. What is his estimated expected wage rate?
A) 17.23
B) 12.20
C) 25.11
D) 10.90

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 (X 1 ) and the number of economics courses the employee successfully completed in college (X 2 ). The professor randomly selects 6 workers and collects the following information:
 $$\begin{array} { c c r r } 
\text { Employee } & Y ( \$ ) & X _ { 1 } & X _ { 2 } \
\hline 1 & 10 & 3 & 0 \
2 & 12 & 1 & 5 \
3 & 15 & 8 & 1 \
4 & 17 & 5 & 8 \
5 & 20 & 7 & 12 \
6 & 25 & 10 & 9 \
\hline
\end{array}$$
-Referring to Table 14-2, suppose an employee had never taken an economics course and managed to score a 5 on his performance rating. What is his estimated expected wage rate?
A) 17.23
B) 12.20
C) 25.11
D) 10.90

Quizplus · Accepted Answer

The Answer of 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 1 ) and the number of economics courses the employee successfully completed in college (X 2 ). The professor randomly selects 6 workers and collects the following information:
 $$\begin{array} { c c r r } 
\text { Employee } & Y ( \$ ) & X _ { 1 } & X _ { 2 } \
\hline 1 & 10 & 3 & 0 \
2 & 12 & 1 & 5 \
3 & 15 & 8 & 1 \
4 & 17 & 5 & 8 \
5 & 20 & 7 & 12 \
6 & 25 & 10 & 9 \
\hline
\end{array}$$
-Referring to Table 14-2, suppose an employee had never taken an economics course and managed to score a 5 on his performance rating. What is his estimated expected wage rate?
A) 17.23
B) 12.20
C) 25.11
D) 10.90

TABLE 14-2 a Professor of Industrial Relations Believes

TABLE 14-2
a Professor of Industrial Relations Believes