HELP!! The value of motorbikes decrease each year after purchase. The scatter plot shows the value of the bike (in thousands) over the number of years from first purchase.(a) What is the equation of the line, written in slope-intercept form? Show how you determined the equation.(b) Based on the linear model, predict the initial value of a motorbike, Day 0. Approximately how much does it decrease per year?

Accepted Solution

A. Slope intercept: y= (-8/9)x+10
B. Intially it would have cosaround $9000 but each year it decreases on the chart by -2/3