Question

explain what the slope and intercept mean in each situation the amount of money y in a cash box after x tickets are purchased for carnival games. The slope of the line is 1/4 and the y intercept is 8

Answer 1

The (1/4) slope is the prive per ticket. The y intercept is the money in the cash box before any tickets were sold.

Explanation:

Let y be the money and x the numbers of tickets sold, as requested. We are told that the equation for this situation is:

y = (1/4)x + 8

Let's assume the money is in units of dollars. The slope of (1/4) would mean that each carnival game ticket cost $(1/4), or 25 cents. The y-intercept is the value of y when x=0, which means zero tickets have been sold. That means that the cash box had $8 before any sales were made. [perhaps to use for making change].