Question

*The y-axis is revenue in millions and the x-axis is units sold.

An equation for the line of best fit of the graph below could be: y = 1/4x + 3





Put responses in the correct input to answer the question.

1) What does the slope of 1/4
mean in context? (Response area)

2) What does the y-intercept (0, 3) mean in context? (Response Area)

A. There is an increase of 1 million in revenue for every 4 units sold.
B. When 0 units are sold, the revenue is 3 million.
C. When 3 units are sold, the revenue is 0 million.
D. There is an increase of 4 million in revenue for every 1 unit sold.

Answer 1

1) What does the slope of 1/4 mean in context?
**Response:** A. There is an increase of 1 million in revenue for every 4 units sold.

2) What does the y-intercept (0, 3) mean in context?
**Response:** B. When 0 units are sold, the revenue is 3 million.