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Math question about statistics
1 answer:
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For this case we have that by definition, the line equation of the slope-intersection form is given by:
Where:
m: It's the slope
b: It is the cut-off point with the y axis
According to the statement we have:
Thus, the equation is of the form:
We substitute the given point and find "b":
Finally, the equation is of the form:
Answer: