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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1 answer

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

  • Slope (1.50): This means that for every phone assembled (where \( x \) represents the number of phones), you receive an additional $1.50. So, if you assemble one more phone, your total earnings increase by $1.50.

  • Y-intercept (20): This means that you receive a base pay of $20 per day, regardless of the number of phones produced. This is the amount you earn even if you do not assemble any phones.

Thus, the best 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.