Amount of money received when x tickets are sold=$Y
Number of tickets sold=X
Slope of line= [tex]\frac{1}{4}[/tex]
And , y- intercept = 8
Equation of line having slope m and y-intercept c is given by,
y = m x + c,
Expressing the above statement in terms of linear equation in two variable i.e a line is
Y = [tex]\frac{1}{4}[/tex]X + 8