Solve the Problem. -In the Table Below, the Amount of the U.S. Minimum

question 136

Essay

Solve the problem.
-In the table below, the amount of the U.S. minimum wage is listed for selected years. Find an exponential regression model of the form y = a ·bx, where y represents the U.S. minimum wage x years
after 1960. Round a and b to four decimal places. According to this model, what will the minimum wage be in
2005? In 2010?

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Definitions:

New Stimuli

Fresh or novel inputs or triggers that elicit responses from an organism or a cognitive system.

Piaget

Swiss psychologist known for his theory of cognitive development in children.

X Chromosome

One of the two sex chromosomes that determines an individual's genetic sex, XX for female and XY for male.

Cognitive Development

The process by which individuals perceive, think, and gain understanding of their world through the interaction and influence of genetic and learned factors.