Russia is classified as a high income economy by the World Bank and is a member of the BRICS (Brazil, Russia, India, China, and South Africa).The BRICS as a group of nations touted by the World Bank and the IMF as the next group of global superpowers with the potential to surpass existing economic champions.ussia is classified as a high income economy by the World Bank and is a member of the BRICS (Brazil, Russia, India, China, and South Africa).
The value of the intercept, a, anchors the scatterplotâs regression line relative to the values of X and Y (and their coordinates) for the problem at hand. Oftentimes the intercept is a mathematical abstraction but it serves a function of adjusting predicted values of Y relative to the plot.
For the 'Data 1' the equation is y = 3 + 2x ; the intercept is 3 and the slope is 2. The line slopes upward, indicating a positive relationship between x and y. For the 'Data 2' the equation is y = 13 - 2x ; the intercept is 13 and the slope is -2.