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(Solved): The table gives the average annual U.S. Wage from 2011 and projected throigh 2021. (a) Use linear r ...
The table gives the average annual U.S. Wage from 2011 and projected throigh 2021. (a) Use linear regression to find the best linear model for the wage as a function of the number of years after 2010 . Report the model with 4 significant digits: \[ y(x)= \] (b) Use the reported model to predict the average annual wage in 2028 . (Round your answer to the nearest dollat.)
Expert Answer
SO ACCORDING TO THE QUESTION Consider the data that gives the average annual U.S wage from 2011 and projected through 2021. (GIVEN ) Years wage 2011 4