March 30, 2017

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Minimum Wage: The table shows minmum wage for three different years Year 1940 1968 1997 Wage ($) 0.25 1.60 5.15 (a) Make a scatterplot of the data in the viewing rectangle [1930, 2010, 10] by [0, 6, 1] (b) Find a quadratic function given by f(x) = a(x – h )^2 + k that models the data. (c) Estimate the minimum wage in 1976 and compare it to the actual value of $2.30. (d) Estimate when the minimum wage was $1.00. (e) If current trends continuem predict the minimum wage in 2009. Compare it to the projected value of $7.25. Please show all in detail. Thank you.

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