Question

In everyday English, interpret the financial meaning of the

y-intercept in the equation y=0.10x+9.50

Answer 1

The slope is m = 0.10, which indicates that for every dollar's worth of shoes you sell, you earn 0.10 dollars commission. So, the slope is the commission rate.

Step-by-step explanation: Plato sample answer

Answer 2

The y-intercept refers to the y-coordinate of a point where a curve or a line, intersects the y-axis.

In the given equation, the y-intercept is ( 0, 9.5).

Explanation:

We have been given the equation;

y=0.10x+9.50

The y-intercept is simply the y-coordinate of a point where the line intersects the y-axis. At this point, the value of x is usually zero.

y = 0.10 (0) + 9.50

y = 0 + 9.50

y = 9.50

is our y-intercept