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4.7 Graphing Lines Using Slope-Intercept Form Goal Graph a linear equation in slope-intercept form. How can you estimate production costs? In Example 3 you will use the graph of a linear model to estimate the production costs for a small hat-making business. Key Words • • • • slope y-intercept slope-intercept form parallel lines In Lesson 4.5 you learned to find the slope of a line given two points on the line. There is also a method for finding the slope given an equation of a line. SLOPE-INTERCEPT FORM OF THE EQUATION OF A LINE The linear equation y mx b is written in slope-intercept form, where m is the slope and b is the y-intercept. slope y-intercept y mx b If y 2x 3, then (0, 3) and (1, 5) are on the line and the slope is 2. More generally, if y mx b, then (0, b) and (1, m b) are on the line and the (m b) b 10 slope is m. y (1, 5) (0, 3) y 2x 3 1 3 EXAMPLE 1 1 3 x Find the Slope and y-Intercept Find the slope and y-intercept of 2x y 3. Solution Rewrite the equation in slope-intercept form. 2x y 3 Write original equation. y 2x 3 Subtract 2x from each side. y 2x 3 ANSWER 䊳 Divide each side by 1. m 2 and b 3. The slope is 2. The y-intercept is 3. 4.7 Graphing Lines Using Slope-Intercept Form 243