STATISTICAL TECHNIQUES AND TOOLS
REGRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rich is a member of a gym. He pays a monthly fee plus a per-visit fee. The equation below represents the monthly amount Rich pays for his membership to the gym per month for x visits.y= 10 + 3xWhat does the y-intercept of the graph of this equation represent?
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The monthly fee
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How much Rich pays per visit
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The number of times Rich goes to the gym
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The total cost at the end of the month
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Explanation:
Detailed explanation-1: -What is the y-intercept and what does it mean? The y-intercept is (0, 1.90) and stands for a hamburger without any toppings will cost $1.90. The equation shows the cost of a hamburger (y) with different numbers of toppings (x). y = 1.90 + 1.40x.
There is 1 question to complete.