To write the equation of the trend line in slope-intercept form (y = mx + b), we need to determine the slope (m) and the y-intercept (b) based on the points the line passes through.
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Finding the slope (m): The slope can be calculated using two points on the line. Let's use the points (0, 30) and (15, 40).
The formula for the slope (m) is: \[ m = \frac{y_2 - y_1}{x_2 - x_1} \]
Substituting the points (0, 30) and (15, 40): \[ m = \frac{40 - 30}{15 - 0} = \frac{10}{15} = \frac{2}{3} \]
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Finding the y-intercept (b): The y-intercept is the y-value when x = 0. From the point (0, 30), we see that the y-intercept (b) is 30.
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Writing the equation: Now that we have the slope (m = 2/3) and the y-intercept (b = 30), we can write the equation of the line in slope-intercept form: \[ y = \frac{2}{3}x + 30 \]
Thus, the equation of the trend line is: \[ y = \frac{2}{3}x + 30 \]