Use a Graphing Utility to Find the Equation of the Line

question 14

Multiple Choice

Use a graphing utility to find the equation of the line of best fit. Round to two decimal places, if necessary.
- $\begin{array}{l|lllll}x & 2 & 3 & 7 & 8 & 10 \\\hline y & 3 & 4 & 4 & 5 & 6\end{array}$

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

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Definitions:

Appraised Fair Value

The estimated market value of an asset or liability determined by a qualified appraiser.

Journal Entry

A record in accounting that represents a business transaction, indicating the effects on each affected account in debit and credit formats.

Consolidated Statement

Another term for consolidated financial statements, which combine the financial data of a parent company with its subsidiaries into a single comprehensive reporting document.

Shareholders' Equity

The residual interest in the assets of a company after deducting liabilities, representing the ownership stake of shareholders.