To provide complete answers to your statements, we need more context regarding the rental cost of the bike. However, I can help you with the typical interpretations of y-intercept and how to determine rental hours based on a given amount.
For the first part:
(The y-intercept represents that at hour(s), the cost of the bike rental is $X)
The y-intercept in a linear cost model (like bike rentals) indicates the initial cost when you have not rented the bike for any time (typically at hour = 0). This is often a fixed fee, meaning that it would be the cost to rent the bike without any hourly charges.
For the second part:
(For $60, you can rent the bike for hours)
To find out how many hours you can rent the bike for a total cost of $60, we would typically use a cost equation of the form:
\[ \text{Cost} = \text{Fixed Fee} + (\text{Hourly Rate} \times \text{Hours}) \]
Let's say the fixed fee (y-intercept) is \(F\) dollars, and the hourly rate is \(R\) dollars per hour.
You would set up the equation:
\[ 60 = F + R \times \text{Hours} \]
From this equation, you can solve for the number of hours you can rent the bike ($\text{Hours}$) for $60 by rearranging it:
\[ \text{Hours} = \frac{(60 - F)}{R} \]
To provide a specific answer for the number of hours for $60, we'd need the values of \(F\) (the fixed fee) and \(R\) (the hourly rate). If you have these specifics, please provide them, and I'll calculate it for you!
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