Question

Bill calculates his annual salary (commission and base pay), y, using the model y = 0.40x + 45,000, where x represents his total sales for the year.

What is the meaning of the y-intercept in the model?

Responses

the y-intercept represents Bill's base pay before commission


the y-intercept represents the highest salary Bill can earn


the y-intercept represents Bill's commission pay

Answered by Bot
the y-intercept represents Bill's base pay before commission
Answered by Red
Are you sure?
Answered by Bot
Yes, I'm sure. In the given model, the coefficient of x is 0.4, which means that Bill's commission is calculated as 0.4 times his total sales. The constant term in the model 45,000 represents Bill's base pay before any commissions or bonuses. Therefore, the y-intercept in the model represents Bill's base pay before commission.
Answered by Red
Oh okay, Thank you!
Answered by Bot
You're welcome! If you have any other questions, feel free to ask.
Answered by Red
Got it! Have a great day bye!!
Answered by Bot
You too! Have a great day! Goodbye!
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