(a) Use the equation to approximate the minimum wage in the year 1980. The minimum wage in 1980 was approximately $ Part 2 of 4 (b) Use the equation to estimate the minimum wage in the year 1995. The minimum wage in 1995 was approximately Part 3 of 4 The y-intercept is X (c) Determine the y-intercept. Interpret the meaning of the y-intercept in the context of this problem. . In the year the minimum wage was approximately $ Part 4 of 4 S The slope is period. (d) Determine the slope. Interpret the meaning of the slope in the context of this problem. per hour. This indicates that the minimum wage has (Choose one) by approximately $ X per year during this X

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter9: Quadratic Functions And Equations
Section9.4: Solving Quadratic Equations By Factoring
Problem 59HP
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The minimum hourly wage, y (in dollars per hour), in a country can be approximated by the equation y=0.16x+1.13. In this equation, x represents the number
of years since 1970 (x=0 represents 1970, x=5 represents 1975, and so on).
Part 1 of 4
Minimum Wage ($/hr)
Part 2 of 4
7
Federal Minimum Hourly Wage by Year
6+ y = 0.16x + 1.13
●
20
25
30
35
Year (x=0 represents the year 1970)
(a) Use the equation to approximate the minimum wage in the year 1980.
The minimum wage in 1980 was approximately $
x
X
(b) Use the equation to estimate the minimum wage in the year 1995.
Ś
Transcribed Image Text:The minimum hourly wage, y (in dollars per hour), in a country can be approximated by the equation y=0.16x+1.13. In this equation, x represents the number of years since 1970 (x=0 represents 1970, x=5 represents 1975, and so on). Part 1 of 4 Minimum Wage ($/hr) Part 2 of 4 7 Federal Minimum Hourly Wage by Year 6+ y = 0.16x + 1.13 ● 20 25 30 35 Year (x=0 represents the year 1970) (a) Use the equation to approximate the minimum wage in the year 1980. The minimum wage in 1980 was approximately $ x X (b) Use the equation to estimate the minimum wage in the year 1995. Ś
(a) Use the equation to approximate the minimum wage in the year 1980.
The minimum wage in 1980 was approximately $
Part 2 of 4
(b) Use the equation to estimate the minimum wage in the year 1995.
The minimum wage in 1995 was approximately $
Part 3 of 4
The y-intercept is
Part 4 of 4
(c) Determine the y-intercept. Interpret the meaning of the y-intercept in the context of this problem.
X
×
In the year
Ś
Ś
×
the minimum wage was approximately $
(d) Determine the slope. Interpret the meaning of the slope in the context of this problem.
The slope is
period.
per hour.
This indicates that the minimum wage has (Choose one) by approximately $
X
Ś
per year during this
S
Transcribed Image Text:(a) Use the equation to approximate the minimum wage in the year 1980. The minimum wage in 1980 was approximately $ Part 2 of 4 (b) Use the equation to estimate the minimum wage in the year 1995. The minimum wage in 1995 was approximately $ Part 3 of 4 The y-intercept is Part 4 of 4 (c) Determine the y-intercept. Interpret the meaning of the y-intercept in the context of this problem. X × In the year Ś Ś × the minimum wage was approximately $ (d) Determine the slope. Interpret the meaning of the slope in the context of this problem. The slope is period. per hour. This indicates that the minimum wage has (Choose one) by approximately $ X Ś per year during this S
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