Given a collection of paired sample data, the ModifyingAbove y with caretyequals=b0plus+b1x algebraically describes the relationship between the two variables, x and y.

y, x are variables

b₀ and b₁ are constants

Step-by-step explanation:

If y=b₀+b₁x where x and y are variables.

The variable y is the sum of a constant b₀ and varies directly with variable x where b₁ is the constant of proportionality of x with y.

The higher the value of x, the higher the value of y.

A typical example of this is applied in the case of a Sales Person whose take home is dependent on a base Salary and the Monthly Volume of Sales. The base salary is the constant b₀ and the Monthly volume of sales is x where b₁ will be the rate of commission on sales.

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step-by-step explanation:

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x -

median = 1.25

range = 12-14.5

interquartile = q12-q14.5

y -

median = 1

range = 15-17

interquartile = q15-q17