To find the y-intercept, set x = 0 and find y: y = 4(0) - 2 = -2, so that we have the point (0, -2).
To find the x-intercept, set y = 0 and find x: 0 = 4x - 2, or x = 1/2, so that we have the point (1/2, 0). This corresponds to the first answer choice.