The equation for the line of best fit is given as $y = 15,000x + 95,000$, where:

• $y$ represents the annual sales,
• $x$ represents the years of experience.

The slope of the line (15,000) indicates the change in annual sales for each additional year of experience.

Interpretation:

• The equation shows that the annual sales increase by $15,000 for each year of experience.

Thus, the correct statement is: A team member's annual sales increase by about $15,000 for each year of experience.

Let me know if you'd like further explanation or have any questions!

Here are some related questions to help explore this concept further:

1. What does the y-intercept (95,000) represent in the context of this scenario?
2. How can we interpret the slope of the line in other real-life situations?
3. If the equation were $y = 10,000x + 90,000$, how would the sales change with experience?
4. How can you predict the annual sales for a team member with 8 years of experience?
5. How does the scatter plot compare to the equation of the line of best fit?

Tip: The slope of a line represents the rate of change. In this case, it's the rate at which sales increase with experience.