The parameter is the value computed, in statistics. The x and y intercept value is where the line crosses the axis.
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In an algebraic expression (or equation), a coefficient is the numerical multiplier for a term. If the coefficient is, itself, a variable, then it is a parameter. For example, the equation of a straight line in 2-d is y = mx + c where x and y are the coordinate variables, m is the parameter which defines the slope, and c is the parameter which defines the y-intercept. Different values of m will give a set of lines with the same intercept, whereas different values of c will give a set of lines with the slope. Varying both, together, will generate all possible lines. By contrast, in the equation y = 2x + 5, 2 is the coefficient of x and 5 is the constant [coefficient]. They are specific values of the parameter whic define a specific line.
What is the importance of the x-intercept What is the importance of the x-intercept What is the importance of the x-intercept
The y-intercept is where the line crosses the y-axis, and the x-intercept is where the line cross the x-axis
y=mx+b is the general slope intercept equation and b represents the y intercept.
y= slope + y-intercept