From 1970 – 2001 Wage statistics adjusted for inflation, SPSS OUTPUT ATTACHEDAfter adjusting for inflation, the real value of the minimum wage has actually decreased over the past few years. This is in contrast to the 1970s, in which the real value of the minimum wage generally increased. Find the regression equation for predicting MinWage using the variable year. Test for positive autocorrelation of the error terms using a 5% significance level.

 

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