Find the Best-Fit Line Associated with the Set of Points $( 3,9 )$

question 113

Essay

Find the best-fit line associated with the set of points.
​ $( 3,9 )$ , $( 5,16 )$ , $( 7,20 )$ , $( 9,0 )$ ​
Please enter your answer as an equation of line in the form $y = m x + b$ . Round m and b to the nearest hundredth if necessary.

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Definitions:

Elastic Supply

A situation where the quantity supplied of a good responds significantly to changes in its price.

Subsidy Benefit

Subsidy Benefit refers to the financial advantage received by individuals or businesses from government subsidies, intended to promote certain activities or lower costs.

Elastic Supply

The situation where the quantiry supplied of a good is sensitive to changes in its price.

Subsidy Benefit

Financial assistance granted by the government or a public body to support businesses, industries, or individuals, leading to lower costs or more favorable conditions.