The scatter plot and trend line describe the relationship between the average rent for a

Question

-bedroom apartment in New York and the number of years after the year

. Assuming the line correctly shows the trend in the data, what does it mean that the line's

-intercept is

?
Choose 1 answer:
Choose 1 answer:
(Choice A) The average rent for a

-bedroom apartment in New York is approximately

dollars.
A
The average rent for a

-bedroom apartment in New York is approximately

dollars.
(Choice B) On average, the rent of a

-bedroom apartment in New York increases by

dollars each year.
B
On average, the rent of a

-bedroom apartment in New York increases by

dollars each year.
(Choice C, Checked) The model indicates that

-bedroom apartments in New York had an average rent of approximately

dollars in

.
C
The model indicates that

-bedroom apartments in New York had an average rent of approximately

dollars in

.
(Choice D) The model indicates that

-bedroom apartments in New York had an average rent of approximately

dollars in

.
D
The model indicates that

-bedroom apartments in New York had an average rent of approximately

dollars in

.

Answer 1

(Choice C) The model indicates that apartment in New York had an average rent of approximately dollars in .