Question

Write a scenario that could work for the following line of best fit: y = .26x + 67.6. Explain the slope and intercept in this context.

Answer 1

Damon has $67.60, for every game of jacks he wins, he receives 26 cent.

Answer 2

The given line of best fit can be used to model a scenario where an individual is employed and earns a basic salary of $67.6 and for every hour worked overtime the individual is entitled to receive an extra $0.26.

Explanation:

The slope in this context would be the extra amount earned for every hour of overtime.

On the other hand, the intercept would be the basic salary the individual is entitled to.