Answer:
Rent in 10th year = $5345.90
Step-by-step explanation:
Rent of apartment during first year = $1800 per month
But growth in rent with 11.5% per year will be represented by the exponential function,
Rent in 't'th year =
=
=
Therefore, rent during 10th year will be,
Rent in 10th year =
= $5345.90
Given:
The table of values.
To find:
The least-squares regression line for the data set in the table by using the desmos graphing calculator.
Solution:
The general form of least-squares regression line is:
...(i)
Where, m is the slope and b is the y-intercept.
By using the desmos graphing calculator, we get
Substitute these values in (i).
Therefore, the correct option is A.
