The given equation of the line is in slope-intercept form, which is written as:
\[ y = mx + b \]
where \( m \) is the slope and \( b \) is the y-intercept.
From the equation:
\[ y = \frac{7}{5}x - 3 \]
- The slope \( m \) is \( \frac{7}{5} \).
- The y-intercept \( b \) is \( -3 \).
So, the slope is \( \frac{7}{5} \) and the y-intercept is \( -3 \).