The Federal Minimum Wage, in Dollars Per Hour, for the Years

Multiple Choice

The federal minimum wage, in dollars per hour, for the years 1955 to 2005 is given in the table below. Using the data from 1955 and 1995, find a linear model (rounding the slope and intercept to 2 decimal places) that predicts the federal minimum wage for the year t . Use this model to predict in what year the federal minimum wage will exceed $5.80. Year Federal Minimum Wage 1955 0.75 1965 1.25 1975 2.10 1985 3.35 1995 4.25 2005 5.15

A) 2010
B) 2012
C) 2013
D) 2014
E) 2015