Suppose That the Following Table Shows the Average Hourly Earnings

question 6

Multiple Choice

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. ​

• A) (where x is the number of years after 1970 and y is the average hourly wage)
• B) (where x is the number of years after 1970 and y is the average hourly wage)
• C) (where x is the number of years after 1970 and y is the average hourly wage)
• D) (where x is the number of years after 1970 and y is the average hourly wage)
• E) (where x is the number of years after 1970 and y is the average hourly wage)