Answer:
Option: C is the correct answer.
C.) $ 12
Step-by-step explanation:
Clearly from the scatter plot we could observe that the line of best fit passes through the point:
(0,6) and (4,10).
We know that the equation of a line passing through two point (a,b) and (c,d) is given by:
[tex]y-b=\dfrac{d-b}{c-a}\times (x-a)[/tex]
Here we have:
(a,b)=(0,6) and (c,d)=(4,10)
Hence, the equation of line of best fit is:
[tex]y-6=\dfrac{10-6}{4-0}\times (x-0)\\\\y-6=\dfrac{4}{4}\times x\\\\y-6=x\\\\y=x+6[/tex]
Hence, the hourly rate of an individual with 6 years of experience is the value of y when x=6
when x=6 we have:
y=6+6
y=12
Hence, the hourly rate of an individual with 6 years of experience is:
$ 12
