In this context, the slope of the equation y=1.50x+20 represents the amount of money you earn for each phone that you assemble. The slope of 1.50 indicates that for each phone you assemble, you earn $1.50.
The y-intercept of the equation, which is 20, represents the amount of money you earn even if you do not assemble any phones. In this case, the $20 is the fixed amount that you earn each day regardless of the number of phones you assemble.
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 the y-intercept of the equation of the trend line y=1.50x+20
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