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Many entrepreneurs have donated money to various causes. Data on the total amoun

ID: 3128663 • Letter: M

Question

Many entrepreneurs have donated money to various causes. Data on the total amount pledged to the causes and the net worth for the 10 top donors are given in the table. Based on these results: the slope indicates the mean amount pledged is expected to increase by $3,749.53 for each additional $2,214.93 increase in net worth, within the range of the observed data, net worth between $660 miUion-$82,S70 million. the slope indicates the mean amount pledged is expected to increase by $3,749.53 for each additional million increase in net worth, within the range of the observed data, net worth between $660 million-$82,S70 million. the slope indicates the amount pledged is expected to increase by $.004 for every additional dollar increase in net worth, within the range of the observed data, net worth between $660-$S2,S70. None of the above.

Explanation / Answer

Slope is 0.003749525

amount pledged is measured in millions of dollars

0.003749525*1 million is 3749.53 dollars for every one million increase of networth

B is teh answer

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