1. **State the problem:** We are given the equation of the line of best fit for hourly pay rate $y$ based on years of experience $x$ as $$y = 0.92x + 8.08$$
We need to find:
(a) The predicted hourly pay rate for a cashier with 0 years of experience.
(b) The predicted increase in hourly pay rate for each additional year of experience.
(c) The predicted hourly pay rate for a cashier with 5 years of experience.
2. **Formula and explanation:** The equation is a linear function where $y$ is the hourly pay and $x$ is years of experience.
- The constant term $8.08$ represents the pay when $x=0$ (no experience).
- The coefficient $0.92$ represents the increase in pay for each additional year of experience.
3. **Solve (a):** Substitute $x=0$ into the equation:
$$y = 0.92 \times 0 + 8.08 = 8.08$$
So, the predicted pay with no experience is $8.08$.
4. **Solve (b):** The increase in pay per year is the coefficient of $x$, which is $0.92$.
5. **Solve (c):** Substitute $x=5$ into the equation:
$$y = 0.92 \times 5 + 8.08 = 4.6 + 8.08 = 12.68$$
So, the predicted pay for 5 years of experience is $12.68$.
**Final answers:**
(a) $8.08$
(b) $0.92$
(c) $12.68$
Pay Experience 7Ffbb7
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