Answer:
y = -x+11 is the equation of line.
Explanation:
We have to find the equation of line.
We have given the scatter plot that shows the value of bike over the number of years from the first purchase.
To find the equation of line,select two points of the line to find the slope:
(4,7), (8,3).
Slope = (x₂ - x₁) / (y₂-y₁)
Slope = (8-4)/(3-7)
Slope = 4/-4 = -1
The standard form of point-slope equation is:
y = m(x) +c
To find the y-intercept we use any point of equation that is (8,3)
putting this point in the equation we get,
3 = (-1)(8) +c
3 = -8+c
c = 11
putting this value in standard form we get,
y = -x+11
y = -x+11 is the equation of line.