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Morgan wants to sell his bike and does research online to determine what his selling price should be. He finds $25 bikes of the same bike model listed, along with their ages, in years, and listed prices, in dollars. He finds the equation of the regression line, shown below, where p represents the predicted price and y represents the age of the bike, in years.

$p\ =\ 800\ -\ 50y$ hich of the following is the best interpretation of the rate of change of the equation of the regression line in the context of the problem?


A The price of the bike was originally $800.

B The price of the bike has decreased to $750 .

C As the age of the bike increases by one year, the price of the bike decreases by $50 .

D As the age of the bike increases by one year, the price of the bike increases by $50 .

1 Answer

5 votes
A is the answer trust me
User Prince Agrawal
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