You work for a manufacturing company on a production line that manufactures cell phones. You are paid $20 a day plus $1.50 for each phone that you assemble. Interpret the slope and y -intercept of the equation of the trend line y=1.50x+20 .(1 point) Responses The slope means that, for every phone assembled, you receive $20. The y-intercept means that you receive $1.50 a day regardless of the number of phones produced. The slope means that, for every phone assembled, you receive $20. The y -intercept means that you receive $1.50 a day regardless of the number of phones produced. The slope means that, for every 20 phones assembled, you receive $1.50. The y-intercept means that you receive $20 a day regardless of the number of phones produced. The slope means that, for every 20 phones assembled, you receive $1.50. The y -intercept means that you receive $20 a day regardless of the number of phones produced. The slope means that, for every 1.50 phones assembled, you receive $1. The y-intercept means that you receive $20 a day regardless of the number of phones produced. The slope means that, for every 1.50 phones assembled, you receive $1. The y -intercept means that you receive $20 a day regardless of the number of phones produced. The slope means that, for every phone assembled, you receive $1.50. The y-intercept means that you receive $20 a day regardless of the number of phones produced. The slope means that, for every phone assembled, you receive $1.50. The y -intercept means that you receive $20 a day regardless of the number of phones produced.

The correct interpretation is: The slope means that, for every phone assembled, you receive $1.50. The y-intercept means that you receive $20 a day regardless of the number of phones produced.

You work for a manufacturing company on a production line that manufactures cell phones. You are paid $20 a day plus $1.50 for each phone that you assemble. Interpret the slope and y -intercept of the equation of the trend line y=1.50x+20 .(1 point) Responses The slope means that, for every phone assembled, you receive $20. The y-intercept means that you receive $1.50 a day regardless of the number of phones produced. The slope means that, for every phone assembled, you receive $20. The y -intercept means that you receive $1.50 a day regardless of the number of phones produced. The slope means that, for every 20 phones assembled, you receive $1.50. The y-intercept means that you receive $20 a day regardless of the number of phones produced. The slope means that, for every 20 phones assembled, you receive $1.50. The y -intercept means that you receive $20 a day regardless of the number of phones produced. The slope means that, for every 1.50 phones assembled, you receive $1. The y-intercept means that you receive $20 a day regardless of the number of phones produced. The slope means that, for every 1.50 phones assembled, you receive $1. The y -intercept means that you receive $20 a day regardless of the number of phones produced. The slope means that, for every phone assembled, you receive $1.50. The y-intercept means that you receive $20 a day regardless of the number of phones produced. The slope means that, for every phone assembled, you receive $1.50. The y -intercept means that you receive $20 a day regardless of the number of phones produced.

The correct interpretation is: The slope means that, for every phone assembled, you receive $1.50. The y-intercept means that you receive $20 a day regardless of the number of phones produced.

The correct interpretation of the slope and y-intercept of the equation y = 1.50x + 20 is:

The slope of 1.50 means that for every phone you assemble, you receive an additional $1.50. So, as the number of phones assembled increases by 1, your total earnings increase by $1.50.

The y-intercept of 20 means that even if you don't assemble any phones, you still receive a fixed payment of $20 per day. This represents your base pay for working on the production line, regardless of the number of phones you produce.