Solve the problem.
(Modeling) Minimum Wage Some values of the U.S. minimum hourly wage for selected years from 1955–2007 are shown in the table. The linear model
y = .118x + .056
approximates the minimum wage during this time period, where x is the number of years alter 1955 and y is the minimum wage in dollars.
Source: U.S. Employment Standards Administration.
(a) Use the model to approximate the minimum wage in 1985. How does it compare to the data in the table?
(b) Use the model to approximate the year in which the minimum wage was $4.25. How does your answer compare to the data in the table?
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