Textbook ExpertVerified Tutor
16 Nov 2021
Given information
Given that, a random sample of ten professional athletes produced the following data where x is the number of endorsements the player has and y is the amount of money made (in millions of dollars).
Then we have to identify the slope of the line of best fit and tell what does it represent.
Step-by-step explanation
Step 1.
We have the equation for the line of best fit .
Then slope is 1.99. It means that for every endorsement deal a professional player gets, he gets an average of another $1.99 million in pay each year.
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