The data below shows the minimum wage requirement
1 answer:
Answer:
We select the option c.
Step-by-step explanation:
<u>Best Fit Regression Model</u>
Scientists often wonder if there is a relationship between the variables under study. It's a vital matter in modern times where artificial intelligence technology is struggling to find answers where traditional approaches hadn't before.
The most-used tool to find relations between variables is the regression model and its best fit lines to try to find an expression who relates variable x (years from 1960) and variable y (minimum wage requirement) as of our case.
The data was entered into a digital spreadsheet and an automatic function was applied to find the best-fit model.
The automated tool's output was this equation:
That can be rounded to three decimals
We select the option c.
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