The scatter plot and trend line describe the relationship between the average rent for a
-bedroom apartment in New York and the number of years after the year
. Assuming the line correctly shows the trend in the data, what does it mean that the line's
-intercept is
?
Choose 1 answer:
Choose 1 answer:
(Choice A) The average rent for a
-bedroom apartment in New York is approximately
dollars.
A
The average rent for a
-bedroom apartment in New York is approximately
dollars.
(Choice B) On average, the rent of a
-bedroom apartment in New York increases by
dollars each year.
B
On average, the rent of a
-bedroom apartment in New York increases by
dollars each year.
(Choice C) The model indicates that
-bedroom apartments in New York had an average rent of approximately
dollars in
.
C
The model indicates that
-bedroom apartments in New York had an average rent of approximately
dollars in
.
(Choice D) The model indicates that
-bedroom apartments in New York had an average rent of approximately
dollars in
.
D
The model indicates that
-bedroom apartments in New York had an average rent of approximately
dollars in
.
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