Answer:
- slope = 0.05, y-intercept = 2,000
Hence, option A is true.
Explanation:
x y
10, 000 2,500
20, 000 3,000
30, 000 3, 500
Taking two points (10000, 2500) and (20000, 3000) to find the slope between the points
We know that the slope-intercept form of the line equation is
where 'm' is the slope and 'b' is the y-intercept
substituting the point (10000, 2500) and m=0.05 in the slope-intercept form
Thus, the y-intercept is: b=2000
Thus,
- slope = 0.05, y-intercept = 2,000
Hence, option A is true.