Cars lose value the farther they are driven. A random sample of 11 cars for sale was taken. All 11 cars were the same make and model. A line was fit to the data to model the relationship between how far each car had been driven and its selling price.

Respuesta :

Answer:

[tex]y=-\frac{1}{4}x+40[/tex]

Step-by-step explanation:

Given

See attachment for graph

Required

Determine the equation of the line of best fit

First, calculate the slope (m)

[tex]m = \frac{y_2 - y_1}{x_2 - x_1}[/tex]

From the graph, we can have:

[tex](x_1,y_1) = (20,35)[/tex]

[tex](x_2,y_2) = (60,25)[/tex]

So, the slope is:

[tex]m = \frac{25 -35}{60 - 20}[/tex]

[tex]m = \frac{-10}{40}[/tex]

[tex]m = -\frac{1}{4}[/tex]

The equation is then calculated as:

[tex]y = m(x - x_1) + y_1[/tex]

[tex]y = -\frac{1}{4}(x - 20) + 35[/tex]

[tex]y = -\frac{1}{4}x + 5 + 35[/tex]

[tex]y=-\frac{1}{4}x+40[/tex]

Hence, the equation is: [tex]y=-\frac{1}{4}x+40[/tex]

Ver imagen MrRoyal