Renee created a scatterplot of time spent training each week (hours) vs. mile time (minutes). The slope of the line of best fit for this scatterplot is -0.5 and the y-intercept is 16. Which of the following conclusions can be made?

With 0 hours of training, Renee's mile time was 16 minutes

With 0 hours of training, Renee's mile time was 0.5 minutes

Renee started with 16 hours of training

With each additional hour spent training. Renee's mile time decreased by about 0.5 minutes.

The correct conclusion is: With each additional hour spent training, Renee's mile time decreased by about 0.5 minutes.