An insurance company profits by collecting premiums at the beginning of each month but pays claims over the remainder of the month. The scatterplot of the profit in millions of dollars on certain days since May

Question

st is shown in the graph along with a trend line. Which of the following statements is true regarding the trend line?
Choose 1 answer:
Choose 1 answer:
(Choice A) The profit by the end of May will be

million dollars.
A
The profit by the end of May will be

million dollars.
(Choice B) The profit decreases by approximately

million dollars every

days.
B
The profit decreases by approximately

million dollars every

days.
(Choice C) The profit decreases by approximately

million dollars every

days.
C
The profit decreases by approximately

million dollars every

days.
(Choice D) The profit is expected to decrease by

million dollars over the course of May.
D
The profit is expected to decrease by

million dollars over the course of May.

Answer 1

(Choice C) The profit decreases by approximately $2 million dollars every 7 days.