
Concept explainers
The percent of female wage and salary workers who are paid hourly rates is given in Table 12.30 for the years 1979
to 1992.
Year | Percent of workers paid hourly rates |
1979 | 61.2 |
1980 | 60.7 |
1981 | 61.3 |
1982 | 61.3 |
1983 | 61.8 |
1984 | 61.7 |
1985 | 61.8 |
1986 | 62 |
1987 | 62.7 |
1990 | 62.8 |
1992 | 62.9 |
Table 12.30
a. Using “year” as the independent variable and “percent” as the dependent variable, draw a
b. Does it appear from inspection that there is a relationship between the variables? Why or why not?
c. Calculate the least-squares line. Put the equation in the form of: y = a + bx
d. Find the
e. Find the estimated percents for 1991 and 1988.
f. Based on the data, is there a linear relationship between the year and the percent of female wage and salary earners
who are paid hourly rates?
g. Are there any outliers in the data?
h. What is the estimated percent for the year 2050? Does the least-squares line give an accurate estimate for that
year? Explain why or why not.
i. What is the slope of the least-squares (best-fit) line? Interpret the slope.

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