Answer:
$8.61 (nearest cent)
Explanation:
The graphed data with the line of best fit (attached).
From the graphing calculator, the given line of regression is:
y = 0.125873x - 7.11916
To estimate the minimum hourly wage in 2025:
⇒ x = 2025 - 1900 = 125
Substitute x = 125 into the equation:
⇒ y = 0.125873(125) - 7.11916
⇒ y = 8.614965
Therefore, minimum hourly wage = $8.61 (nearest cent)