The y-axis is revenue in millions and the x-axis is units sold. An equation for the line of best fit of the graph below could be: y=14x+3 (2 points) Put responses in the correct input to answer the question. Select a response, navigate to the desired input and insert the response. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can also be moved by dragging with a mouse. 1) What does the slope of 14 mean in context? Response area 2) What does the y-intercept (0, 3) mean in context? Response area The option "There is an increase of 1 million in revenue for every 4 units sold."
1) What does the slope of 14 mean in context? The slope of 14 means that for every unit increase in the number of units sold, the revenue increases by 14 million.
2) What does the y-intercept (0, 3) mean in context? The y-intercept (0, 3) means that when no units are sold, the revenue is 3 million.