Question

A management company opens a large apartment complex in anticipation of growth in the community. The company compiles statistics and trends every two weeks to share with potential residents of the apartment complex. The graph shows the line of best fit for data collected on the number of apartments available in the complex as a function of the number of weeks since the complex has been open.
The equation of the line of best fit for this situation is given below.

→ y = -34.85x + 938 ←

Use the scatter plot to complete the statements.
-------------------------------------------------------------------------------------
The Rate Of Change For The Line Best Fit Is _____ Which Repersents The Decrease In The Number Of _____ per _____ Since The Complex Opened.
The y-Intercept is ____ Which Repersents The Number Of ______ When The Complex First Opened.
-------------------------------------------------------------------------------------
→→ ANSWERS CHOICES ←←
938
Week
Apartments
Available Apartments
Month
868.3
-35
-34.85

Answer 1

The equation is given to us in slope intercept form. -34.85 is the slope and the y-intercept is 938.

Therefore, we can say:
The rate of change for the line of best fit is -34.85 which represents the decrease in number of available apartments per week since the complex opened.
The y-intercept is 938 which represents the number of apartments when it first opened.