A cafeteria worker is wondering how student lunch prices at a high school have changed over time. She researches lunch prices for the years 2000 through 2015 and plots the data in a scatter plot. The best-fit line for the data has the equation y = 0.057x + 1.150, where x is the number of years since 2000 and y is the student lunch price, in dollars.
Determine whether each statement below is true or false based on the equation of the line of best fit. Select True or False for each statement:
The student lunch price was generally increasing between 2000 and 2015
The student lunch price changed by approximately 5.7 cents per year.
The student lunch price in 2015 was approximately $1.15