Read these sections on linear regression. Linear regression, the simplest form of regression, is used to obtain a linear relationship between two variables.
Slope and Y-Intercept of a Linear Equation
For the linear equation
From algebra recall that the slope is a number that describes the steepness of a line and the y-intercept is the y coordinate of the point where the line crosses the y-axis.
1a. If, the line slopes upward to the right.
1b. If, the line is horizontal.
1c. If, the line slopes downward to the right.
Figure 1. Three possible graphs of
Svetlana tutors to make extra money for college. For each tutoring session, she charges a one time fee of $25 plus $15 per hour of tutoring. A linear equation that expresses the total amount of money Svetlana earns for each session she tutors is
- What are the independent and dependent variables? What is the y-intercept and what is the slope? Interpret them using complete sentences.
The independent variable (
The y-intercept is 25 ( ). At the start of the tutoring session, Svetlana charges a one-time fee of $25 (this is when ). The slope is 15 ( ). For each session, Svetlana earns $15 for each hour she tutors.