College
Twenty young men got a quote for the cost of a car insurance policy. The policy cost and ages of the men are shown in the scatter plot. Theequation for the line of best fit for the data is y=-315.67x + 8986.5 and the correlation coefficient is-0.951.Select all the statements that are true based on the scatter plot and line of best-fit equation4,0003,500...3,0002.500,,2,0001,5001,0001819 2021 22 23 24 25D. The line of best fit indicates that, in general, the cost of a car insurance policy for a 21-year-old should be on average, about $315less than the cost of a car insurance policy for a 20-year-old.06 The y-intercept from the line of best fit indicates that, if the linear trend holds, a car insurance policy would be 50 for a person whois about 8,987 years old.OcEvery 19-year-old in this group has a lower cost of car insurance than the 18-year oldsOdThe value of the correlation coefficient is very close to -1, so there is no association between age and car insurance policy cost.Car insurance policy cost tends to decrease as the age of the driver increases.e