Answer:
C. 75
Explanation:
The scatter plot shows a positive correlation since the y-value increases as the x-value increases.
Given equation of the line of best fit:
y = 0.95x + 17.56
To estimate the number of days it takes for a 60-year-old house to be sold, input x = 60 into the given equation:
⇒ y = 0.95(60) + 17.56
⇒ y = 57 + 17.56
⇒ y = 74.56
⇒ y = 75 (nearest whole day)
Therefore, according to the line of best fit, an estimate of the number of days it will take for a 60-year-old house to be sold is 75 days.
Extrapolation
For this problem, we have used the line of best fit (regression line) to predict a value of that is outside the range of the original data. When using values of x outside the range to predict corresponding values of y, this is called extrapolation. These predictions can be unreliable because there is no evidence that the relationship described by the regression line is true for all values of x. Therefore, caution should be applied in these cases.