The line that models the data is given by the equation y=73x + 146.53 where X represents the cost of the car and y represents the cost of car insurance. Choose the correct statement below to interpret the slope of the line of best fit

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06-01-2024
Mathematics

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The line that models the data is given by the equation y=73x + 146.53 where X represents the cost of the car and y represents the cost of car insurance. Choose the correct statement below to interpret the slope of the line of best fit

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sidnhy673 sidnhy673 · Answer 1 · 2024-01-06T20:36:50+01:00

sidnhy673 sidnhy673

06-01-2024

The slope of the line of best fit, which is 73 in this case, represents the rate of change between the cost of the car (X) and the cost of car insurance (y). For every unit increase in the cost of the car, the cost of car insurance increases by 73 units.

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