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) 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

.
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Answer 1

(Choice C) The model indicates that 1-bedroom apartments in New York had an average rent of approximately $800 in year 0.