Use a Graphing Utility to Find the Equation of the Line

question 217

Multiple Choice

Use a graphing utility to find the equation of the line of best fit. Round to two decimal places, if necessary.
- $\begin{array}{l|lllll}\mathrm{x} & 1.2 & 1.4 & 1.6 & 1.8 & 2.0 \\\hline \mathrm{y} & 54 & 53 & 55 & 54 & 56\end{array}$

• A) \(y = 2.5 x + 50.4\)
• B) \(y = 3 x + 50\)
• C) \(y = 54\)
• D) \(y = 55.3\)

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Definitions:

Financial Matters

Issues or activities related to the management, investment, and control of money and assets.

Venture Capital Fund

A fund that invests in high-growth companies in exchange for equity, or ownership stakes, typically in early-stage companies.

Private Placement

The offering of securities to a relatively small number of select investors as a way of raising capital.

Flotation Costs

Expenses incurred by a company in issuing new stocks or bonds, including underwriting costs, legal fees, and registration fees.