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Suppose that the following table shows the average hourly earnings for full-time production workers in various industries for selected years. Find the linear regression equation for hourly earnings as a function of time (with representing 1970) . Round numerical values in your answer to four decimal places.
Regional Legislatures
Government bodies responsible for making laws within specific geographical areas smaller than the national level, such as states or provinces.
Trade Barriers
Measures implemented by countries to regulate or restrict international trade, such as tariffs and quotas.
Distributorship
A business arrangement whereby one entity is granted the right to sell or distribute a manufacturer's products within a specified territory or market.
Antitrust Laws
Legislation enacted to promote competition and restrict monopolistic practices by prohibiting agreements or practices that restrain trade.
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