The scatterplot shows the federally mandated minimum wage in the United States every 10 years between 1940 and 2010. The equation of the line of best fit is y = 0.096x - 0.488, where x represents the number of years since 1940 and y represents the minimum wage in dollars. What does the slope of the line of best fit predict about the minimum wage over this 70-year period?

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Mathematics · Data Interpretation

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Each year between 1940 and 2010, the average increase in minimum wage was 0.096 dollars.

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Answer 1

Every 10 years between 1940 and 2010, the average increase in minimum wage was 0.488 dollars.

Answer 2

Every 10 years between 1940 and 2010, the average increase in minimum wage was 0.096 dollars.

Answer 3

Each year between 1940 and 2010, the average increase in minimum wage was 0.49 dollars.

Answer 4

Each year between 1940 and 2010, the average increase in minimum wage was 0.096 dollars.

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