The y-intercept of the given model is 38,000.
In this context, the y-intercept represents Adam's base salary, which is the fixed amount that he receives regardless of his sales performance.
Adam calculates his annual salary base pay commission, y, using the model y=0.28x+38,000, where x represents his total sales for the year.
what is the y intercept and what does the y intercept mean in context
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