The scatter plot below shows data for the cost of a diamond necklace from a department store (y

, in dollars) in the yearx

years since2000

. The least squares regression line is given byy

=1823+314x

.

A coordinate system has a horizontal x-axis labeled Year from 4 to 12 in increments of 2 and a vertical y-axis labeled Cost in dollars from 0 to 2000 in increments of 500.A series of 5 plotted points follow the trend of a line segment that rises from l

Interpret they

-intercept of the least squares regression line.

Select the correct answer below:

The predicted cost of a diamond necklace from the department store in the year0

is$1823

.

The predicted cost of a diamond necklace from the department store in the year2000

is$1823

.

The predicted cost of a diamond necklace from the department store in the year2000

is$314

.

They

-intercept should not be interpreted.