Question

The graph shows the amount of profit in thousands of dollars for a toy each year .A scatter plot of the data is shown below with the line of best fit .

What statement are true related to the line of best fit ? Select all that apply

A.the amount of profit after the first year was around $0.

B.the amount of profit increases about $10,000 each year.

C.the amount of profit decreases about $10,000 each year.

D.the amount of profit after the first year was around $30,000.

E. The amount of profit after 10 years is approximately $120,000.

Answer 1

Explanation:

We want to confirm which of the given statement is true about the graph.

A) the amount of profit after the first year was around $0

-----------false

From the given graph, the amount of profit after year was far more $0. So the statement above is false.

B) The amount of profit increases about $10,000 each year ------------true

From the line of best fit shown in the graph, the amount of profit increases each year by approximately $10,000.

C) the amount of profit decrease about $10,000 each year ------------ False

From the line of best fit on the graph, we can observe that the amount of profit does not decrease. It rather increases every year.

D) the amount of profit after the first year was around $30,000 ------------true

From the given graph, the amount of profit after the first year is approximately $30,000.

So, the statement is true.

E) the amount of profit after 10 years is approximately $120,000 --------- true

At the year 10 on the graph , the corresponding amount of profit is $120,000.