Question: Using data from 50 workers, a researcher estimates Wage =0+1 Education +2 Experience +3Age+, where Wage is the hourly wage rate and Education, Experience, and

 Using data from 50 workers, a researcher estimates Wage =0+1 Education
+2 Experience +3Age+, where Wage is the hourly wage rate and Education,

Using data from 50 workers, a researcher estimates Wage =0+1 Education +2 Experience +3Age+, where Wage is the hourly wage rate and Education, Experience, and Age are the years of higher education, the years of experience, and the age of the worker. respectively. The regression results are shown in the following table. c. Predict the hourly wage rate for a 40 -year-old worker with 3 years of higher education and 2 years of experience. (Round final answer to 2 decimal places.)

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