Mathematics, 19.04.2020 02:44 bm42400
This scatterplot and regression line below show the relationship between the average rent for a 111-bedroom apartment in New York and the number of years after the year 200020002000.
The fitted line has a yyy-intercept of 800800800.
What is the best interpretation of this yyy-intercept?
Choose 1
Choose 1
(Choice A)
A
On average, the rent of a 111-bedroom apartment in New York increases by 800800800 dollars each year.
(Choice B)
B
The average rent for a 111-bedroom apartment in New York is approximately 800800800 dollars.
(Choice C)
C
The model indicates that 111-bedroom apartments in New York had an average rent of approximately 800800800 dollars in 201020102010.
(Choice D)
D
The model indicates that 111-bedroom apartments in New York had an average rent of 800800800 dollars in 200020002000.
A graph plots Average rent, in dollars per month, from 0 to 1200, in increments of 100, versus Years after 2000, from 0 to 12, in increments of 2. 14 points rise diagonally in a single file cluster between (0, 800) and (12, 1290). A regression line rises diagonally through the center of the cluster from (0, 800) to (12.5, 1300). All values estimated.
Answers: 3
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This scatterplot and regression line below show the relationship between the average rent for a 111-...
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