Use a Graphing Utility to Find the Equation of the Line

question 25

Multiple Choice

Use a graphing utility to find the equation of the line of best fit. Round to two decimal places, if necessary.
- $\begin{array}{l|lllll}\mathrm{x} & 6 & 8 & 20 & 28 & 36 \\\hline \mathrm{y} & 2 & 4 & 13 & 20 & 30\end{array}$

• A) \(y = 0.95 x - 2.79\)
• B) \(y = 0.80 x - 3.79\)
• C) \(y = 0.85 x - 2.79\)
• D) \(y = 0.90 x - 3.79\)

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Definitions:

Total Utility

The total satisfaction a consumer receives from consuming a particular quantity of a good or service.

Budget Line

A graphical representation of all possible combinations of two goods that a consumer can purchase with a given budget at specific prices.

Purchase More

The action of buying an increased quantity of goods or services than previously acquired.

Marginal Utility

The additional contentment a customer derives by consuming one more unit of a product or service.