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The equation yˆ=3.07x+1.03 models the number of quarts of milk consumed in a household in a week, where x represents the number of children in the household. What does the y-intercept represent in the context of the situation?
-A household without children would consume about 3 quarts of milk in a week.
-A household without children would consume about 1 quart of milk in a week.
-A household with 1 child would consume about 3 quarts of milk in a week.
-A household with 1 child would consume about 1 quart of milk in a week.