you work for a manufacturing company on a production line that manufacture your cell phones. You are paid $20 a day plus $1.50 for each phone that you assemble. Interpret the slope and y-intercept of the equation of the trend line y = 1.50x + 20.

Question

you work for a manufacturing company on a production line that manufacture your cell phones. You are paid $20 a day plus $1.50 for each phone that you assemble. Interpret the slope and y-intercept of the equation of the trend line y = 1.50x + 20.

a. 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.
b. The slope means that, for every 1.50 phones assembled, you receive a dollar. The Y intercept means that you receive $20 a day regardless of the number of phones produced.
c. The slope means that, for every phones assembled, you receive $1.50. The Y intercept means that you receive $20 a day regardless of the number of phones produced.
d. The slope means that, assembled, $1.50. The Y intercept means that you receive $20 a day regardless of the number of phones produced.

Answer 1

c. 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.