To construct a wage trend line, I would use:
A) regression
B) a ruler and graph paper
C) nomological statistics
D) the span of discretion

Question

Quizplus · Accepted Answer

Regression is the statistical method used to construct a trend line by analyzing the relationship between two variables, in this case, wages and time. Other methods such as a ruler and graph paper or nomological statistics are not as effective in determining this relationship. The span of discretion is not relevant to constructing a wage trend line.

To Construct a Wage Trend Line, I Would Use