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)
Correct Answer:
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