(PLEASE ANSWER + BRAINLIEST ANSWER!!!)

The scatter plot drawn below compares the price of commercial real estate (in thousands of dollars) to how far the property is from the city center in Wilmington, North Carolina. The line of best fit shown has a y-intercept of 965. What does this y‑intercept tell us about commercial real estate in Wilmington, North Carolina?

A. On average, the price of a property decreases by $965 with each successive block from the city center.

B. A property that is 0 blocks from the city center can be expected to cost exactly $965,000.

C. A property that is 0 blocks from the city center can be expected to cost approximately $965,000.

D. The average cost for a property is $965,000.

PLEASE ANSWER BRAINLIEST ANSWER The scatter plot drawn below compares the price of commercial real estate in thousands of dollars to how far the property is fro class=

Respuesta :

The answer would be C. The line is best fit so the Y-intercept wouldn't show EXACTLY how much it would cost, just around how much it would cost. (Approximately)

Answer:

The line of best fit is the line , which describes the relationship between x and y coordinate in two dimensional plane.The line may pass through a single point, all the points or none of the points.

The equation of line in slope intercept form is

y=m x +c

c=Y-Intercept

Also, Y-Intercept = 965

So, Equation of line is , y= m x + 965

X axis =Number of blocks from city center

Y axis=Property price (In thousand dollars)

m=Slope made by positive direction of X axis,which is 90°<tan(theta)<180°, will be negative.

If you substitute , x=0,then we get , y= 965 dollars.

Also , for x=1,2,3,..the price of property decreases by certain amount but not by value of 965.

So, option

(B) and (C)  A property that is 0 blocks from the city center can be expected to cost approximately $965,000. is surely true.