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A cafe recorded the total ice cream sales and the average maximum temperature of the day. The scatterplot shows the recorded data. The regression equation y = 13x # 598 estimates the total ice cream sales, y, of a day and the average maximum temperature, x, on that day. What does the slope represent in this context?
Correct Answer: B
In a linear regression equation of the form y = mx + b, the slope m gives the predicted change in the response variable y for a one-unit increase in the explanatory variable x. Here, y represents total ice cream sales and x represents average maximum temperature. The equation y = 13x # 598 has slope 13, so the model predicts that ice cream sales increase by about $13 for every 1°F increase in temperature. This is not the sales value at 0°F; that would be the intercept, #598, which is generally not meaningful in this practical context. It is also not the predicted sales at 100°F, because that would require substituting x = 100 into the regression equation. The positive slope matches the upward trend in the scatterplot: higher temperatures are associated with higher ice cream sales. References/topics from the Study Guide: correlation and regression, slope interpretation, explanatory and response variables.