A study wаs cоnducted (аll dаta pulled frоm U.S. Department оf Labor) in 2025 on the average cost of living across various states and as part of that study, the federal minimum wage was tracked. In 2000, the federal minimum wage was $5.15. It was increased to $6.55 in 2008 and increased again to $7.25 in 2009. Below is a random sample of 10 states included in this study and the corresponding minimum wages for those states in 2000, 2010, and 2025. Use this information to answer the question that follows. Minimum Wages by State States Min. Wage in 2000 Min Wage in 2010 Min. Wage in 2025 Alabama 5.15 7.25 7.25 California 5.75 8 16.5 Delaware 5.65 7.25 15 Florida 5.15 7.25 13 Hawaii 5.25 7.25 14 Kentucky 5.15 7.25 7.25 Maryland 5.15 7.25 15 New Mexico 4.25 7.5 12 Texas 3.35 7.25 7.25 West Virginia 5.15 7.25 8.75 Use the data from this random sample of 10 states to find the average increase in minimum wage from 2000 to 2010. Make sure to round your answer to 2 decimal places. (If you thought the answer was 1.23456 then you would write 1.23 as your answer).