The given equation is in point-slope form. The line that represents this equation passes through the point (4,1) and has a slope of (3/2).
One way to graph this quickly would be to plot the point (4,1). Move 2 units to the right from this point, and then (without picking up your pen) 3 units up. Plot a dot there. Connect the 2 points with a straight line.
translates to 
