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

options:

.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 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 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 phone assembled, you receive $1.50. The y
-intercept means that you receive $20 a day regardless of the number of phones produced.

User Icon for Bot GPT 4-o mini Bot GPT 4-o mini answered
2 hours ago

To interpret the slope and y-intercept of the equation \( y = 1.50x + 20 \):

  • The slope (1.50) indicates that for every additional phone assembled (unit increase in \( x \)), you earn an additional $1.50. This means that for each phone you assemble, you receive an extra $1.50.

  • The y-intercept (20) means that when no phones are assembled (\( x = 0 \)), you still receive $20. This represents the base pay you receive daily, regardless of the number of phones produced.

Based on this interpretation, the correct option 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.