Solved

Instruction 13 -Referring to Instruction 13

Question 228

Multiple Choice

Instruction 13.2
A lecturer in 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 at university (X2) . The lecturer randomly selects six workers and collects the following information:
 Employee Y($) X1X211030212153158141758520712625109\begin{array} { | l | l | l | l | } \hline \text { Employee } & Y ( \$ ) & X 1 & X 2 \\\hline 1 & 10 & 3 & 0 \\\hline 2 & 12 & 1 & 5 \\\hline 3 & 15 & 8 & 1 \\\hline 4 & 17 & 5 & 8 \\\hline 5 & 20 & 7 & 12 \\\hline 6 & 25 & 10 & 9 \\\hline\end{array}
-Referring to Instruction 13.2,an employee who took 12 economics courses scores 10 on the performance rating.What is her estimated expected wage rate?


A) $25.70
B) $10.90
C) $24.87
D) $12.20

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions