Answered

Discover answers to your questions with Westonci.ca, the leading Q&A platform that connects you with knowledgeable experts. Get immediate and reliable solutions to your questions from a knowledgeable community of professionals on our platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

1. 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.

Sagot :

Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. We appreciate your time. Please come back anytime for the latest information and answers to your questions. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.