Quant Memo
Statistics/●●●●●

Intercept with a decimal slope, commute times

A line predicts a morning commute time in minutes (yy) from the number of miles driven (xx). The slope is b=1.25b = 1.25, and the averages are

xˉ=8,yˉ=22.\bar{x} = 8, \qquad \bar{y} = 22.

Find the intercept.

Your answer

More Statistics questions