Question

*The y-axis is revenue in millions and the x-axis is units sold.%0D%0A%0D%0AAn equation for the line of best fit of the graph below could be: y=14x+3%0D%0A%0D%0A=%0D%0A1%0D%0A4%0D%0A%0D%0A+%0D%0A3%0D%0A%0D%0A%0D%0A(2 points)%0D%0APut responses in the correct input to answer the question. Select a response, navigate to the desired input and insert the response. Responses can be selected and inserted using the space bar, enter key, left mouse button or touchpad. Responses can also be moved by dragging with a mouse.%0D%0A1) What does the slope of 14%0D%0A1%0D%0A4%0D%0A mean in context? Response area%0D%0A%0D%0A2) What does the y-intercept (0, 3) mean in context? Response area%0D%0A%0D%0AThere is an increase of 1 million in revenue for every 4 units sold.When 0 units are sold, the revenue is 3 million.When 3 units are sold, the revenue is 0 million.There is an increase of 4 million in revenue for every 1 unit sold.

Answer 1

1) The slope of 14 means that for every increase of 1 unit sold, the revenue will increase by 14 million.

2) The y-intercept (0, 3) means that when 0 units are sold, the revenue is 3 million. This represents the fixed revenue that the company generates regardless of the number of units sold.

Answer 2

u are so wrong choose from

there is an increase of 1 million in revenue for every 4 units sold.

when 0 units are sold, the revenue is 3 million

when 3 units are sold, the revenue is 0 million

there is an increase of 4 million in revenue for every 1 unit sold

Answer 3

Apologies for the confusion. The correct answers are:

1) The slope of 14 means that there is an increase of 1 million in revenue for every 4 units sold.

2) The y-intercept (0, 3) means that when 0 units are sold, the revenue is 3 million.

Answer 4

No not 14 its 1/4