Mathematics, 06.06.2020 00:00, willoughbysierra
25 points for anyone interested!
The table shows the minimum wage rates for the United States during different years.
Year1978197919801990199119961997200 720082009
Minimum hourly wage ($)2.652.903.353.804.254.755.155.85 6.557.25
(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.
Thank you!
Answers: 1
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The table shows the minimum wage rates for the United States durin...
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