Answered

Westonci.ca is your go-to source for answers, with a community ready to provide accurate and timely information. Our platform provides a seamless experience for finding reliable answers from a knowledgeable network of professionals. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

The scatter plot below shows the average rent (in dollars per month) for a 1-bedroom apartment in NYC each year between 2000 and 2013. A line was fit to the data to model the relationship. Which of these linear equations best describes the given model?A) ŷ = ⅖x + 800B) ŷ = 40x + 800C) ŷ = 800x + ⅖D) ŷ = 800x + 40Based on the equation, use this equation to estimate the average rent in 2020.Round your answer to the nearest dollar.$___.

The Scatter Plot Below Shows The Average Rent In Dollars Per Month For A 1bedroom Apartment In NYC Each Year Between 2000 And 2013 A Line Was Fit To The Data To class=

Sagot :

From the graph, we can conclude:

[tex]\begin{gathered} b=y-intercept_{}\approx800 \\ m\approx\frac{900-800}{3-0}\approx33.33\approx40 \end{gathered}[/tex]

So, the linear equation that best describes the given model is:

[tex]\hat{y}=40x+800[/tex]

Therefore, for 2020 or x = 20:

[tex]\begin{gathered} \hat{y}(20)=40(20)+800 \\ \hat{y}(20)=1600 \end{gathered}[/tex]

Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.