In this scenario, the scatterplot shows a downward trend, indicating that as the grade of the hill (the x-axis) increases (becomes steeper), Jin's walking speed (the y-axis) decreases. Therefore, the correct interpretation of the slope (rate of change) in this case is:
The rate represents a decrease in speed for each 1% grade increase.
This means that for every 1% increase in the grade of the hill, Jin's walking speed decreases.