Figure 3-11. The following four months of data were collected on utility cost and the number of labor hours in a factory.
Refer to Figure 3-11.What would be the estimate of electricity cost if the factory incurred 4,700 labor hours next month?
A)$9,400
B)$20,260
C)$23,140
D)$19,560

Question

Figure 3-11. The following four months of data were collected on utility cost and the number of labor hours in a factory.
 Refer to Figure 3-11.What would be the estimate of electricity cost if the factory incurred 4,700 labor hours next month?
A)$9,400 
B)$20,260 
C)$23,140 
D)$19,560

Quizplus · Accepted Answer

Using the line of best fit on the scatter plot, we can estimate the electricity cost for 4,700 labor hours by finding the y-value on the line of best fit corresponding to the x-value of 4,700. This gives an estimate of approximately $23,140 for electricity cost.