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Table 5: Predictive Model/Regression Equation for Secondary Teachers' Wages
(R2=0.682, N=39)

Coefficient Standard Error t-Value Significance
Constant 7.466 1.871 3.991 0.000
Industry Wage (SIC 82) 4.435E-04 0.000 5.353 0.000
Unionization Level 2.914E-02 0.010 3.047 0.004
Elementary Teacher Employment 2.287E-05 0.000 2.248 0.031

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