The scatterplot shows the number of hours a student spent studying for a test () versus the number of errors made on the test (). A line of best fit for the data is shown.

Which of the following statements best describes the meaning of the slope of the line of best fit in this context?
For every additional hour studied, the number of errors on the test increases by approximately 0.7.
For every additional hour studied, the number of errors on the test decreases by approximately 0.7.
When a student studies 0 hours, they are expected to make approximately 8 errors.
The maximum number of errors made on the test is 10.