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Labor force. The minimum hourly wage in the United States has grown over the years, as shown in the table below.
Number of years, x, since 1997 | Minimum Hourly Wage (dollars) |
0 | $5.15 |
10 | 5.85 |
11 | 6.55 |
12 | 7.25 |
18 | 10.10 |
(source: U.S. Dept. of Labor.)
a. For the data in the table, find the regression line,
b. Use the regression line to predict the minimum hourly wage in 2020 and 2025.
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Chapter 6 Solutions
Calculus and Its Applications, Books a la Carte Plus MyLab Math Access Card Package (11th Edition)
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