CAPE Applied Mathematics Unit 1 · 2017 · Paper 1 · Question Q42
The regression line y = 0.95x + 0.4 provides a linear model for the cost, y hundred dollars, associated with producing x components. What is the practical interpretation of the coefficient 0.95?
- (A)
\0.135is the cost of producingx$ components. - (B)
\135.00is the cost of producingx$ components. - (C)For every additional component of
xthat is produced the cost will increase by\95.00$. - (D)For every additional component of
xthat is produced, the cost will increase by\0.95$.
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