That referred to as the y axis in general terms.
For 3 dimensional calculations, also the z axis (vertical if you imagine x and y to bound the horizontal plane).
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If one of the two variables is independent (or explanatory) then it goes on the horizontal axis. Otherwise you do whatever you like.
Y-axis is a vertical axis consisting of positive values and negative values.It is perpendicular to x-axis(which is horizontal axis).
The x values are on the horizontal axis and the y values are on the vertical axis.
The X axis is the horizontal(left-right) axis on a graph.