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The scatterplot shows the relationship between the average cost of a package of cookies since the year 2000. The line of best fit is y=0.06x+2.57 average cost since 2000

What does it mean for a point to be far above the line in this situation?

Question 17 options:

A point above the line represents a cost of a package of cookies that is less money than predicted by the year since 2000.

A point above the line represents a cost of a package of cookies that is exactly the amount that was predicted by the year since 2000.

A point above the line represents an error in the data.

A point above the line represents a cost of a package of cookies that is more money than predicted by the year since 2000.

1 answer

In this situation, the line of best fit represents the predicted average cost of a package of cookies based on the year since 2000.

If a point is far above the line, it indicates that the actual average cost of a package of cookies is higher than what is predicted by the line for that specific year.

Therefore, the correct option is:

A point above the line represents a cost of a package of cookies that is more money than predicted by the year since 2000.