Find the linear regression equation for hourly earnings

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Reference no: EM131801541

Question: Hourly earnings the table shows the average hourly earnings for full-time production workers in various industries for selected years.

(a) Find the linear regression equation for hourly earnings as a function of time (with x = 0 representing 1970).

(b) What does this model predict for the average hourly earnings in 2015?

Reference no: EM131801541

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