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107 Quiz: Lincs of Best Fit Monthly Sales An employee compiled sales data for a company once each month. The scatter plot below shows the sales in multiples of $1000) for the company over time (in months). The equation represents the linear model for this data 60 55+ 50 45 y = 0.94x + 125 40+ Sales (51000) 35 30 25 According to the model, how much do the company's sales increase per month? 20 16 10 O $940 5 0 $1250 0 8 12 28 32 36 16 20 24 Time (months) 55000 $9400 $12.500 1 5.

107 Quiz Lincs of Best Fit Monthly Sales An employee compiled sales data for a company once each month The scatter plot below shows the sales in multiples of 10 class=

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The company's sales increase at a rate of $940 per month

Here, given the equation of the line of best fit, we want to get the amount by which the company sales increase per month

From the description of the question, we are being asked about the rate of change

The rate of change in a linear model talks about the slope

From the equation of the linear model, the slope is 0.94

The question states that the sales are in multiples of $1000

Hence, what we do in this case is to multiply the slope by this

Multiplying the slope by $1,000, we get $940

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