document.write( "Question 540680: Regression equation for the profit of a new e-reader:
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document.write( "Profit = $0.15 x number of e-readers sold - $28
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document.write( "values given in thousands
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document.write( "If the company does not sell a single e-reader, how much is lost? Mathematically, what is this value called in the equation?
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document.write( "I appreciate any help you can give me. I've never taken algebra before and I am so lost. Thank you \n" );
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Algebra.Com's Answer #353847 by KMST(5328)![]() ![]() You can put this solution on YOUR website! I imagine that the values given in thousands are the profit and the numbers 0.15 and 28. \n" ); document.write( "If the number of e-readers they sell is 0 (zero), \n" ); document.write( "Profit = $0.15 x 0 - $28 = $0.00 - $28 = -$28 \n" ); document.write( "They lose 28 thousands ($28,000). \n" ); document.write( "The equation is a linear equation, graphed as a straight line with profit (in thousands) on the y-axis and number of e-readers sold on the x-axis. The point for zero readers sold is on the y-axis (the x=0 line), so it is where the line intercepts the y-axis. That point is the y-intercept and the value for y (profit) at that point is called the intercept in the linear equation. \n" ); document.write( "EXTRA INFORMATION \n" ); document.write( "The 0.15 coefficient of the independent variable (number of readers sold, or x) is called the slope. \n" ); document.write( " |