Answer: the value for b1 in this equation represents the y-axis intercept.
Explanation:
The line equation can be defined as:
y = b0 + b1*x
where b0 is the y-axis intercept, this means that is the point where the line intersects the y-axis.
And b1 is the slope of the line, that says how much changes y, when whe do a change in x.