Question

The scatter plot shows the first-year income for 15 people, based on the number of years of school they each had after high school. A line of best fit was drawn through the data. The equation for the line is y equals 8 x plus 15. A scatter plot.Short description, A scatter plot.,Long description, The scatter plot shows Years on the x-axis and Annual Income in thousands of dollars on the y-axis. There are 15 points plotted and a line of best fit on the graph. The line of best fit starts at point (0, 15). Question Which statement describes the meaning of the y-intercept for the line of best fit? Answer options with 4 options A. Each additional year of schooling results in an additional $8,000 in annual income. B. Each additional year of schooling results in an additional $15,000 in annual income. C. An individual who attends 0 years of school after high school is likely to have an annual income of $8,000. D. An individual who attends 0 years of school after high school is likely to have an annual income of $15,000.

Answer 1

From the graph in the question it shows that the intercept on the y-axis is the point where the point on the x -axis is 0

`\text{Intercept}=(0,15)`

This indicates that the minimum amount any person can get at 0 years is $15,000 .

this makes