Find the Linear Function That Is the Best Fit for the Given

question 50

Multiple Choice

Find the linear function that is the best fit for the given data. Round decimal values to the nearest hundredth, if
necessary.
- $\begin{array}{l|ccccc}x & 2 & 3 & 7 & 8 & 10 \\\hline \mathrm{y} & 3 & 4 & 4 & 5 & 6\end{array}$

• A) \(y = 0.30 x + 4.29\)
• B) \(y = 0.30 x + 2.57\)
• C) \(y = 0.32 x + 4.29\)
• D) \(y = 0.32 x + 2.57\)

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Definitions:

Sales Policy

The strategic approach and guidelines a company follows for selling its products or services.

Operating Cash Flows

The cash generated by a company’s normal business operations.

Payment Obligation

A financial commitment that requires a party to pay a certain amount of money by a specified date.

Character

In finance, character often refers to the qualitative assessment of a borrower's integrity and history in meeting debt obligations, used in credit analysis.