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[Music] lets take a look at how to draw an internal wage curve we start by drawing an internal wage curve when it comes to determining market wage rates plotting each job evaluation point in the wage rate the employer is now paying for each job or wage rates if there are several for each job produces this type of scatter plot we can now draw a wage curve that you see through the scatter plot these plots show how point values relate to current wage rates we can draw this wage line by just estimating a line that best fits the plotted points by minimizing the distances between the plots and the curve this will produce a current internal wage curve that best fits the plotted [Music] points you