Examlex
Use the regression equation to predict how many children a married couple will have if they live in city with a population of 40,000 people.
Vertical Axis
The vertical number line of a graph along which values of the y-variable are measured; also referred to as the y-axis.
Linear Relationship
The relationship between two variables in which the slope is constant and therefore is depicted on a graph by a curve that is a straight line.
Quantity Supplied
The total amount of a good or service that producers are willing and able to sell at a particular price over a specified period.
Quantity Demanded
The overall volume of a good or service that buyers are eager and capable of acquiring at a certain price within a specific period.
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