An old study done in the 1920s considered the relationship between a farm's corn yield in bushels per acre and the value per acre of that farm. The study found that do had a least squares regression equation of ŷ= 12.32x - 273.6. Interpret the y-intercept of this least squares regression line.
This tells us that for zero acres the yield is negative, which makes sense, since if there is no production, the expenses will be greater than the income.
