Based on the scatterplot, what is the best prediction of the average amount of money spent on groceries for a household that has 7 people?

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Understand the Problem

The question is asking for a predictive value based on the scatterplot data which correlates the number of people in a household with their average grocery expenses. From the given scatterplot, one must estimate the average grocery expenditure for a household of 7 people.

Answer

$240$
Answer for screen readers

The predicted average amount of money spent on groceries for a household that has 7 people is $240.

Steps to Solve

  1. Identify Data Points from the Scatterplot

Look at the scatterplot to locate the data point that corresponds to a household with 7 people. Since there's no exact data point for 7, you need to look for the nearest points, which are typically at 6 and 8.

  1. Estimate the Grocery Expenses for 7 People

Check the average weekly grocery expenses for the household with 6 people and the household with 8 people. Based on the scatterplot:

  • For 6 people: approximate value is around $210.
  • For 8 people: approximate value is around $260.
  1. Interpolate to Estimate for 7 People

You can predict the grocery expenditure for 7 people by averaging the values found for 6 and 8 people:

$$ \text{Estimated Expense} = \frac{(\text{Value at 6}) + (\text{Value at 8})}{2} $$

So,

$$ \text{Estimated Expense} = \frac{210 + 260}{2} = 235 $$

Given options, choose the closest value, which in this case is $240.

The predicted average amount of money spent on groceries for a household that has 7 people is $240.

More Information

The method used here is called linear interpolation, which estimates a value based on two known data points. It is particularly useful when you need to estimate values from datasets or scatterplots where exact matches are not available.

Tips

  • Mistaking the point closest to the desired number without considering the values on either side.
  • Failing to interpolate and just guessing the value instead of calculating it.

To avoid these, always look for two data points surrounding your target value and take their average.

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