The table shows the minimum wage rates for the United States during different years.

Year

1978

1979

1980

1990

1991

1996

1997

2007

2008

2009

Minimum hourly wage ($)

2.65

2.90

3.35

3.80

4.25

4.75

5.15

5.85

6.55

7.25

AWrite the least squares regression equation that models the data. Let x = time in years since 1900 and let y = minimum hourly wage.

BUse the equation to estimate the minimum hourly wage of a U.S. worker in 2025. Show your work.

Answer: