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)

Question

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 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 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.
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GPT-4o mini · Answer

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

The slope (1.50) means that for every phone assembled (x), you receive an additional $1.50.
The y-intercept (20) means that you receive $20 a day regardless of the number of phones produced.

Thus, the appropriate response 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.