Average Wages The average hourly wage (adjusted to 1982 dollars) was $7.66 in 1990 and $9.16 in 2017. (Source: U.S. Bureau of Labor Statistics.) a) Find a point-slope form of a line that passes through the points (1990, 7.66) and (2017, 9.16). b) Interpret the slope. (c) Use the equation from part (a) to approximate the hourly wage in 2009. Compare it with the actual value of $8.27.

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64. Average Wages The average hourly wage (adjusted
to 1982 dollars) was $7.66 in 1990 and $9.16 in 2017.
(Source: U.S. Bureau of Labor Statistics.)
(a) Find a point-slope form of a line that passes through
the points (1990, 7.66) and (2017, 9.16).
(b) Interpret the slope.
(c) Use the equation from part (a) to approximate the
hourly wage in 2009. Compare it with the actual value
of $8.27.
Transcribed Image Text:64. Average Wages The average hourly wage (adjusted to 1982 dollars) was $7.66 in 1990 and $9.16 in 2017. (Source: U.S. Bureau of Labor Statistics.) (a) Find a point-slope form of a line that passes through the points (1990, 7.66) and (2017, 9.16). (b) Interpret the slope. (c) Use the equation from part (a) to approximate the hourly wage in 2009. Compare it with the actual value of $8.27.
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