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, an employee who took 12 economics courses scores 10 on the performance rating. What is her estimated expected wage rate?
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An entity or individual who hires and pays workers for their services or labor.
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The effort applied by individuals to produce goods or services in exchange for compensation, or the tasks and activities performed during employment.
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