The Social Security (FICA) wage base (in thousands of dollars) from 1996 to 2001 is given in the following table:
Year199619971998199920002001Wage Base, y62.765.468.472.676.280.4?
Find an equation of the least-squares line for these data. (Let
represent the year 1996.) Please round the coefficients in your equation to three decimal places. Use the result to estimate the FICA wage base in the year 2006. Round the answer to the nearest dollar.
?
A. ?
B. ?
C. ?
D. ?
Answer: B
Mathematics
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