Question

State and interpret the slope and y-intercept in the context of the problem from y = 150x + 1,000

Answer 1

Slope = 150

Y-intercept = 1,000

Explanation:

The equation is in the form y = mx + b, where m is the slope and b is the y-intercept.

Given the equation, we know that m = 150 and b = 1,000.

This means the graph increases by 150 every time the x value increases by 1, and that the line will intercept the y-axis when y = 1,000.