Answer
The equation $y=mx+b$ has a slope of $m$ and a y-intercept of $b$, where $b$ can be any real number.
Work Step by Step
RECALL:
The equation $y=mx+b$ has a slope of $m$ and a y-intercept of $b$.
The value of $b$ has no restrictions, so $b$ can actually be equal to the slope $m$.
Thus, the given statement is false
A corrected statement is:
The equation $y=mx+b$ has a slope of $m$ and a y-intercept of $b$, where $b$ can be any real number.