The problem asks to find the slope and y-intercept of the given equation $y = \frac{1}{2}x - 4$.

1. Problem Description

The problem asks to find the slope and y-intercept of the given equation $y = \frac{1}{2}x - 4$.

2. Solution Steps

The given equation is in the slope-intercept form, which is $y = mx + b$, where $m$ is the slope and $b$ is the y-intercept.

Comparing the given equation $y = \frac{1}{2}x - 4$ with the slope-intercept form $y = mx + b$, we can identify the slope $m$ and the y-intercept $b$.

The slope $m$ is the coefficient of $x$, which is $\frac{1}{2}$.

The y-intercept is the constant term $b$, which is $-4$.

The y-intercept is the point where the line crosses the y-axis, which occurs when $x=0$. The coordinates of the y-intercept are $(0, b)$. In this case, the y-intercept is $(0, -4)$.

3. Final Answer

Slope = $\frac{1}{2}$

Y-intercept = $(0, -4)$