Use a Graphing Utility to Find the Equation of the Line

question 44

Multiple Choice

Use a graphing utility to find the equation of the line of best fit. Round to two decimal places, if necessary.
- $\begin{array}{l|lllll}\mathrm{x} & 24 & 26 & 28 & 30 & 32 \\\hline \mathrm{y} & 15 & 13 & 20 & 16 & 24\end{array}$

• A) \(y = 0.95 x + 11.8\)
• B) \(y = 0.95 x - 11.8\)
• C) \(y = 1.05 x - 11.8\)
• D) \(y = 1.05 x + 11.8\)

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Definitions:

Equipment

Tangible property used in operations, such as machinery or computers, which has a useful life beyond a single reporting period.

Furniture

Tangible, movable objects intended to support various human activities such as seating, eating, and sleeping, often considered a fixed asset in business accounting.

Fully Depreciated

The status of an asset after its cost has been completely written off over its useful life.

Accumulated Depreciation

The total amount of a tangible asset's cost that has been allocated as depreciation expense since the asset was put into use.