The equation y=4x-1 can be graphed by first graphing the -1 which is the y-intercept in the y=mx+b form. 4=m that is our slope. you can find the lines second point by moving 4 up and 1 to the right. rise/run =4/1. So when you move 4 up and 1 right you get another point on the line (1,3).
You can find out x=0.5 when y=1 by just tracing your finger over the graph and the point when y equals 1 the line intercepts x=0.5. Another screenshot is given.