Table: Predictive Model/Regression Equation for Wages of Full-Time Year Round Workers in Western States (R2=0.369, N=9,471)
| Coefficient | Standard Error | t-Value | Significance | ||
| Constant | -$5,950.86 | 1,140.03 | -5.22 | 0.000 | |
| Age | $332.09 | 15.82 | 21.00 | 0.000 | |
| Usual Hours of Work | $300.35 | 19.86 | 15.12 | 0.000 | |
| Educational Attainment | High School Diploma | $5,391.77 | 526.88 | 10.23 | 0.000 |
| Some College but No Degree | $7,528.72 | 569.72 | 13.22 | 0.000 | |
| Associate Degree--Occupational/Vocation | $9,320.59 | 777.97 | 11.98 | 0.000 | |
| Associate Degree--Academic Program | $7,445.71 | 861.59 | 8.64 | 0.000 | |
| Bachelors Degree | $13,327.42 | 624.96 | 21.33 | 0.000 | |
| Masters Degree | $17,594.92 | 936.18 | 18.79 | 0.000 | |
| Professional Degree | $26,599.02 | 1,553.80 | 17.12 | 0.000 | |
| Doctorate | $24,935.30 | 1,752.93 | 14.23 | 0.000 | |
| Occupation | Executive, Administrative and Managerial | $12,557.66 | 516.54 | 24.31 | 0.000 |
| Professional Specialty | $11,851.42 | 620.27 | 19.11 | 0.000 | |
| Technicians and Related Support | $8,958.34 | 839.46 | 10.67 | 0.000 | |
| Sales | $8,677.47 | 560.34 | 15.49 | 0.000 | |
| Precision Production, Craft and Repair | $5,117.23 | 517.72 | 9.88 | 0.000 | |
| Administrative Support including Clerical | $2,225.22 | 558.69 | 3.98 | 0.000 | |
| Industry | Mining | $12,022.60 | 1,224.88 | 9.82 | 0.000 |
| Transportation, Communications, & Public Utilities | $8,677.16 | 572.45 | 15.16 | 0.000 | |
| Durable Goods Manufacturing | $7,203.25 | 488.29 | 14.75 | 0.000 | |
| Finance, Insurance, & Real Estate | $4,490.80 | 583.25 | 7.70 | 0.000 | |
| Construction | $4,485.14 | 660.43 | 6.79 | 0.000 | |
| Nondurable Goods Manufacturing | $4,415.20 | 585.75 | 7.54 | 0.000 | |
| Wholesale Trade | $4,079.48 | 663.90 | 6.15 | 0.000 | |
| Gender | Female | -$7,014.83 | 347.52 | -20.19 | 0.000 |
| Race | American Indian, Alaskan Native | -$2,606.90 | 1,170.98 | -2.23 | 0.026 |
| Region | Mountain | -$3,550.35 | 355.88 | -9.98 | 0.000 |
| West North Central | -$4,339.32 | 383.94 | -11.30 | 0.000 | |
| For example, the expected wage for a 25 year old white man with a Bachelors Degree usually working 40 hours a week in a sales occupation in a wholesale trade establishment in California would be: | |||||
| Constant: | -$5,950.86 | ||||
| Age: | $332.09 multiplied by 25 years of age | $8,302.25 | |||
| Usual hours of work: | $300.35 multiplied by 40 hours per week | $12,014.00 | |||
| Education: | Bachelors Degree | $13,327.42 | |||
| Occupation: | Sales | $8,677.47 | |||
| Industry: | Wholesale Trade | $4,079.48 | |||
| Estimated Annual Wage Earnings | $40,449.76 | ||||
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