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The question below refers to the following situation:
The table below contains the Earned Run Averages (ERA) and team victories for the American Baseball League during a recent season. ERA is the number of earned runs (runs resulting from the other team hitting the ball, not because of errors in the field) a team gives up per 9 innings. The lower the ERA, the better for the team. A low ERA is usually an indication of good pitching, good defense, or both. Given the data below:
What is the Y-intercept?
Segment Margin
The amount of profit or loss generated by a specific segment of a business, after accounting for the direct costs and traceable fixed costs.
Avoidable Cost
Expenses that can be eliminated if a particular action is not taken.
Special Order
An order for goods or services that is outside of a company's normal operations, often requiring unique pricing or production considerations.
Minimum Selling Price
The lowest price at which a product or service can be sold while still covering its production or procurement costs.
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