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Month # Machine Hours (X) Maintenance Costs (Y) Jan 3,000 $440 Feb 4,500 $690 Mar 8,000 $510 Apr 7,000 $600 May 6,000 $550 Jun 9,000

Month # Machine Hours (X) Maintenance Costs (Y)
Jan 3,000 $440
Feb 4,500 $690
Mar 8,000 $510
Apr 7,000 $600
May 6,000 $550
Jun 9,000 $980
Jul 3,500 $840
Aug 5,500 $600

What does the slope represent?

the rate at which the X variable changes as a result of the Y variable

the rate at which the Y variable changes as a result of the X variable

the rate at which the dependent variable changes as a result of the fixed cost component

the rate at which the independent variable changes as a result of changes in the dependent variable

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