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the scatter plot drawn below compares the price of commercial r...
Mathematics, 04.02.2020 03:56 asra44
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the scatter plot drawn below compares the price of commercial real estate (in thousands of dollars) to how far the property is from the city center in wilmington, north carolina. the line of best fit shown has a y-intercept of 965. what does this y‑intercept tell us about commercial real estate in wilmington, north carolina?
a. on average, the price of a property decreases by $965 with each successive block from the city center.
b. a property that is 0 blocks from the city center can be expected to cost exactly $965,000.
c. a property that is 0 blocks from the city center can be expected to cost approximately $965,000.
d. the average cost for a property is $965,000.
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