SOLUTION: given this linear equation y=0.15x+0.79 what is the slope or rate of exchange and what would the y-intercept be and what does it represent.?

Question 307408: given this linear equation y=0.15x+0.79 what is the slope or rate of exchange and what would the y-intercept be and what does it represent.?
Answer by rapaljer(4671) (Show Source): You can put this solution on YOUR website!
The slope is always the coefficient of x, which in this case is 0.15. The y-intercept is always the value whenever x=0. In this case it is 0.79. The y-intercept is the initial value, or the value when x=0.

Dr. Robert J. Rapalje, Retired
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