Answer
1) $x=t; y=-8t+3,-\infty\lt t\lt \infty$
2) $x=2t; y=-16t+3,-\infty\lt t\lt \infty$
Work Step by Step
We are given the rectangular equation:
$y=-8x+3$
One set of parametric equations is:
$\begin{cases}
x=t\\
y=-8t+3
\end{cases}$
with $-\infty\lt t\lt \infty$
Another set of parametric equations is:
$\begin{cases}
x=2t\\
y=-16t+3
\end{cases}$
with $-\infty\lt t\lt \infty$