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

Question

-intercept of the equation of the trend line y=1.50x+20
.(1 point)
Responses

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 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 $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.

Answer 1

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

The slope means that for every phone assembled (each increase of 1 in \( x \)), you receive an additional $1.50. The y-intercept means that you receive $20 a day regardless of the number of phones produced (when \( x = 0 \)).

So, the correct 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.