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GalinKa [24]
2 years ago
8

The scatterplot to the left shows the cost, CCC, in thousands of dollars, and living space, xxx, in square feet (\text{ft}^2)(ft

Mathematics
1 answer:
Jet001 [13]2 years ago
5 0

According to the data, the cost of this house would increase by 0.08 thousand dollars ($80) for each additional square foot of living space.

<h3>How to determine the cost for an additional square foot?</h3>

By critically observing the scatter plot, we can logically deduce that it shows a linear trend. Thus, the slope of the line of best fit is given by a ratio of change in cost to the change in living space.

Next, we would approximate two points on the line of best fit and then find the slope as follows:

Slope, m = ΔC/Δx

Slope, m = (C₂ - C₁)/(x₂ - x₁)

Slope, m = (400 - 200)/(4000 - 1500)

Slope, m = 0.08.

Therefore, the cost of this house would increase by approximately 0.08 thousand dollars ($80) for each additional square foot of living space.

Read more on scatterplot here: brainly.com/question/6592115

#SPJ1

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