employee salaries\nthe equation for the line of best fit is y = 1,360x + 29,830. according to the equation…

employee salaries\nthe equation for the line of best fit is y = 1,360x + 29,830. according to the equation, which of these statements about the department store is true?\na salespersons annual salary can be expected to increase by about $1,360 for each additional year of employment.\na salespersons annual salary can be expected to increase by about $29,830 for each additional year of employment.

employee salaries\nthe equation for the line of best fit is y = 1,360x + 29,830. according to the equation, which of these statements about the department store is true?\na salespersons annual salary can be expected to increase by about $1,360 for each additional year of employment.\na salespersons annual salary can be expected to increase by about $29,830 for each additional year of employment.

Answer

Explanation:

Step1: Recall slope - intercept form

The equation of a line is $y = mx + b$, where $m$ is the slope and $b$ is the y - intercept. In the line of best fit equation $y = 1360x+29830$, $x$ represents years of employment and $y$ represents annual salary.

Step2: Interpret the slope

The slope $m = 1360$. In the context of the problem, the slope represents the rate of change of the annual salary with respect to the number of years of employment. That is, for each additional unit increase in $x$ (each additional year of employment), $y$ (annual salary) increases by the value of the slope.

Answer:

A salesperson's annual salary can be expected to increase by about $1,360 for each additional year of employment.