(5pt) 1. Twenty-one young men got a quote for the cost of a car insurance policy. The policy cost andages of the men are shown in the scatter plot. Select ALL the statements that are true based onthe scatter plot. If a statement is NOT chosen, explain why it was NOT selected.y=-315.67x + 8986.5r = -0.9511) Every 19-year-old in this group has a lower cost of car insurance than the 18-year-olds.2) Car insurance policy cost tends to decrease as age of the driver increases.3) The value of the correlation coefficient is very close to -1, so there is no association betweenage and car insurance policy cost.4) The line of best fit indicat es that, in general, the cost of a car insurance policy for a 21-year-oldshould be, on average, about $315 less than the cost of a car insurance policy for a 20-year-old.5) The y-intercept from the line of best fit indicates that, if the linear trend holds, a car insurancepolicy would be $0 for a person who is about 8,987 years old.
