Question

the equation for the line of best fit is $y = 15,000x + 95,000$. according to the equation, which of these statements is true?
a team member’s annual sales increase by about $95,000 for each year of experience.
a team member’s annual sales increase by about $15,000 for each year of experience.

Explanation:

The line of best fit is in the form \(y = mx + b\), where \(m\) (slope) represents the rate of change of \(y\) with respect to \(x\). Here, \(m = 15,000\), meaning annual sales (\(y\)) increase by $15,000 per year of experience (\(x\)). The \(b = 95,000\) is the y-intercept (sales at 0 years of experience), not the rate of increase. Thus, the second statement is true.

Answer:

A team member's annual sales increase by about $15,000 for each year of experience.