Mathematics, 20.10.2021 09:20 SketchWasTaken
The table shows the minimum wage rates for the United States during different years.
Year 1978 1979 1980 1990 1991 1996 1997 2007 2008 2009
Minimum hourly wage 2.65 2.90 3.35 3.80 4.25 4.75 5.15 5.85 6.55 7.25
(a) Write the least squares regression equation that models the data. Let x = time in years since 1900 and let y = minimum hourly wage.
(b) Use the equation to estimate the minimum hourly wage of a U. S. worker in 2025. Show your work.
PLS ANSWER CORRECTLY WITH AN EXPLANATION
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The table shows the minimum wage rates for the United States during different years.
Year 1978 197...
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