Answer:
We select the option c.
[tex]y=0.114x+0.691[/tex]
Step-by-step explanation:
Best Fit Regression Model
Scientists often wonder if there is a relationship between the variables under study. It's a vital matter in modern times where artificial intelligence technology is struggling to find answers where traditional approaches hadn't before.
The most-used tool to find relations between variables is the regression model and its best fit lines to try to find an expression who relates variable x (years from 1960) and variable y (minimum wage requirement) as of our case.
The data was entered into a digital spreadsheet and an automatic function was applied to find the best-fit model.
The automated tool's output was this equation:
[tex]y=0.11363x+0.6906[/tex]
That can be rounded to three decimals
[tex]y=0.114x+0.691[/tex]
We select the option c.
