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SCENARIO 13-2
a Professor of Industrial Relations Believes That an Individual's

question 172

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SCENARIO 13-2
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:  Employee Y($) X‾1X211030212153158141758520712625109\begin{array} { c c r r } \text { Employee } & Y ( \$ ) & \underline { X } _ { 1 } & X _ { 2 } \\1 & 10 & 3 & 0 \\2 & 12 & 1 & 5 \\3 & 15 & 8 & 1 \\4 & 17 & 5 & 8 \\5 & 20 & 7 & 12 \\6 & 25 & 10 & 9\end{array}
-Referring to SCENARIO 13-2, 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?

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