Linear regression for two variables is based on a linear equation with one independent variable. The equation has the form:
where a and b are constant numbers.
The variable x is the independent variable, and y is the dependent variable. Typically, you choose a value to substitute for the independent variable and then solve for the dependent variable.
Example 12.1
The following examples are linear equations.
Try It 12.1
Is the following an example of a linear equation?
y = –0.125 – 3.5x
The graph of a linear equation of the form y = a + bx is a straight line. Any line that is not vertical can be described by this equation.
Example 12.2
Graph the equation y = –1 + 2x.
Try It 12.2
Is the following an example of a linear equation? Why or why not?
Example 12.3
A local small business completes federal tax returns for customers. The rate for services is $32 per hour plus a $31.50 one-time charge. The total cost to a customer depends on the number of hours it takes to complete the job.
Problem
Find the equation that expresses the total cost in terms of the number of hours required to complete the job.
Solution
Let x = the number of hours it takes to get the job done.
Let y = the total cost to the customer.
The $31.50 is a fixed cost. If it takes x hours to complete the tax return, then (32)(x) is the cost of the tax return processing only. The total cost is: y = 31.50 + 32x
Try It 12.3
Emma’s Extreme Sports hires hang-gliding instructors and pays them a fee of $50 per class as well as $20 per student in the class. The total cost Emma pays depends on the number of students in a class. Find the equation that expresses the total cost in terms of the number of students in a class.
Slope and Y-Intercept of a Linear Equation
For the linear equation y = a + bx, b = slope and a = y-intercept. From algebra recall that the slope is a number that describes the steepness of a line, and the y-intercept is the y coordinate of the point (0, a) where the line crosses the y-axis.
Example 12.4
Svetlana tutors to make extra money for college. For each tutoring session, she charges a one-time fee of $25 plus $15 per hour of tutoring. A linear equation that expresses the total amount of money Svetlana earns for each session she tutors is y = 25 + 15x.
Problem
What are the independent and dependent variables? What is the y-intercept and what is the slope? Interpret them using complete sentences.
Solution
The independent variable (x) is the number of hours Svetlana tutors each session. The dependent variable (y) is the amount, in dollars, Svetlana earns for each session.
The y-intercept is 25 (a = 25). At the start of the tutoring session, Svetlana charges a one-time fee of $25 (this is when x = 0). The slope is 15 (b = 15). For each session, Svetlana earns $15 for each hour she tutors.
Try It 12.4
Ethan repairs household appliances like dishwashers and refrigerators. For each visit, he charges $25 plus $20 per hour of work. A linear equation that expresses the total amount of money Ethan earns per visit is y = 25 + 20x.
What are the independent and dependent variables? What is the y-intercept and what is the slope? Interpret them using complete sentences.