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Question
check for understanding. in real world context, what does the slope and the y intercept mean?
Brief Explanations
The slope represents the rate of change. For example, in a cost - time relationship, it could be the cost per unit time. The y - intercept is the starting value. In the same cost - time example, it could be the initial cost when time = 0.
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The slope represents the rate of change in a real - world situation and the y - intercept represents the starting value.