Chapter 4.1, Problem 93E

1: Neil Mitchell earns $11/hour. During the most recent week, he received a discretionary bonus of $7,200 and worked 43 hours. Gross Pay: $ 7,689.50 2: Francine Palmer earns $7.90/hour. During the most recent week, she received a nondiscretionary bonus of $2,450 and worked 45 hours. Gross Pay: $ 2,825.25 3: Martin Green earns $11.10/hour. During the most recent week, he received a nondiscretionary bonus of $1,360 and worked 51 hours. Gross Pay: $ 1,987.15 4: Melvin Waxman earns $17.60/hour. During the most recent week, he received a nondiscretionary bonus of $440 and worked 56 hours. Gross Pay: $ 1,425.60

Obtain the linear equation for trend for time series with St² = 140, Ey = 16.91 and Σty= 62.02, m n = 7

1: Kevin Williams earns a weekly wage of $740. During the most recent week, he worked 42 hours. Regular Wage Rate = $ 18.50 Overtime Wage Rate = $ 27.75 2: Charles Joyner earns a biweekly wage of $2,720. During the most recent week, he worked 45 hours. Regular Wage Rate = $ Overtime Wage Rate = $_ 34.00 51.00 3: Julio Valdez earns an annual salary of $81,000. During the most recent week, he worked 44 hours. Regular Wage Rate = $ Overtime Wage Rate = $ 38.94 58.41 4: Bridget Stein earns a monthly salary of $6,200. During the most recent week, she worked 56 hours. Regular Wage Rate = $ 27.50 Overtime Wage Rate = $ 41.25 5: Betsy Cranston earns a semimonthly salary of $2,200. During the most recent week, she worked 49 hours. Regular Wage Rate = $ Overtime Wage Rate = $_ 1,100.00 41.25