Final answer:
To predict the value of y for x = 3.5 using the trend line equation y = 1.38x - 0.52, substitute 3.5 into the equation. After calculations, the predicted value is 4.31.
Step-by-step explanation:
The question involves using a trend line equation from a scatterplot to make a prediction about a data point. When x = 3.5, we substitute this value into the trend line equation y = 1.38x - 0.52 to find the predicted value of y. Performing the calculation:
y = 1.38(3.5) - 0.52
y = 4.83 - 0.52
y = 4.31
Therefore, the predicted approximate value of y when x = 3.5 is 4.31, which corresponds to option 3.