The file P10_11.xlsx contains annual observations of the American minimum wage since 1955. Has the minimum wage

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The file P10_11.xlsx contains annual observations of the American minimum wage since 1955. Has the minimum wage been growing at roughly a constant rate over this period? Use simple linear regression analysis to address this question. Explain the results you obtain.

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Data Analysis and Decision Making

ISBN: 978-0538476126

4th edition

Authors: Christian Albright, Wayne Winston, Christopher Zappe

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