How do you apply slope and intercept to solve problems involving rates, ratios, or proportions?

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Slope and intercept are two key concepts in numeracy that help you understand how variables change in relation to each other. They are often used to model and solve problems involving rates, ratios, or proportions, such as speed, distance, time, cost, profit, or growth. In this article, you will learn how to apply slope and intercept to different types of problems and how to interpret their meaning in context.