where as y-intercept on y-axis is distance between origin to the poin on y-axis How do you interpret the y-intercept as in statistics
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It shows the relationship of y in terms of x. [y = (yIntercept) + ((slope)*(x))] [slope = (y2 - y1)/(x2 - x1)]
Without the inclusion of an equality sign and not knowing the plus or minus values of the given terms it can't be considered to be a straight line equation
Interpret, in math terms, means to explain something. You may see a problem that wants to you to "interpret" radicals or other mathematical data, but that just means you have to solve it, and provide the reasoning behind it.
Otherwise you get the wrong answer!
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