Lilly wants to determine the association between her deposits and her savings account balance. She found the equation y = 75x + 100 for the line of best fit. The independent variable, x, is deposits and the dependent variable, y, is account balance. What does the slope mean in this context?
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The slope of 75 means that for every increase of 1 unit in deposits (x), the account balance (y) increases by 75 units.