Answer:
The slope of the line is m=-0.8 and y-intercept = 5.6.
Step-by-step explanation:
Given : Line of best fit : [tex]y = -0.8x+5.6[/tex]
To find : Write a scenario that could work for the following line of best fit and explain the slope and intercept in this context?
Solution :
Line of best fit : [tex]y = -0.8x+5.6[/tex]
Scenario - Let a person has 5.6 dollars and he spend 0.8 dollars every weekend.
So, The slope is 0.8 but also negative as there is decrements.
The y-intercept is 5.6, the value we obtain from the equation when we set x=0.
So, The slope of the line is m=-0.8 and y-intercept = 5.6.
