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1 of 8 0-day streak

Interpret the intercept and slope of a fitted model

Question 1 of 8

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A fitted linear model uses parcel count, measured in parcels, to estimate processing time, measured in min.

The model was fitted using observed parcel count values from 75 to 87 parcels

\[\text{processing time} = 49 + 2 \times \text{parcel count}\]
(a)2 marks

Write down the model's intercept and signed slope

(b)1 mark

What does the signed slope say about these variables?