A panel of judges was asked to judge the quality of different kinds of potato chips. The scatterplot and regression line below show the relationship between their ratings and the price of the chips. The fitted line has a slope of 5. What is the best interpretation of this slope? Choose 1 answer: B We would predict a bag of chips that cost $0 to have a rating of 5. We would predict a bag of chips that cost $0 to have a rating of -5. On average, each $5 increase in cost was associated with a 1 point increase in rating. On average, each $1 increase in cost was associated with a 5 point increase in rating.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 26PFA
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Please sir if you can't solve stepwise with explanation in each step and also given information and final answer Along with the concept and also showing excel formula (wherever needed) please skip , if yes pls solve ill definitely rate the solution and dont do handwritten..

Average rating
9
8
7
6-
5.
4-
3-
2-
1+
0.5
#
1.5
Cost (dollars)
2
Unit test
2.5
Transcribed Image Text:Average rating 9 8 7 6- 5. 4- 3- 2- 1+ 0.5 # 1.5 Cost (dollars) 2 Unit test 2.5
A panel of judges was asked to judge the quality of different kinds of potato chips. The scatterplot and
regression line below show the relationship between their ratings and the price of the chips.
The fitted line has a slope of 5.
What is the best interpretation of this slope?
Choose 1 answer:
D
We would predict a bag of chips that cost $0 to have a rating of 5.
We would predict a bag of chips that cost $0 to have a rating of -5.
On average, each $5 increase in cost was associated with a 1 point increase in rating.
On average, each $1 increase in cost was associated with a 5 point increase in rating.
Transcribed Image Text:A panel of judges was asked to judge the quality of different kinds of potato chips. The scatterplot and regression line below show the relationship between their ratings and the price of the chips. The fitted line has a slope of 5. What is the best interpretation of this slope? Choose 1 answer: D We would predict a bag of chips that cost $0 to have a rating of 5. We would predict a bag of chips that cost $0 to have a rating of -5. On average, each $5 increase in cost was associated with a 1 point increase in rating. On average, each $1 increase in cost was associated with a 5 point increase in rating.
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