Use a Graphing Utility to Find the Equation of the Line

question 258

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:

Pokemon Cards

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Cross-price Elasticity

A measure of how the demand for one good changes in response to a change in the price of another good.

Substitutes

Goods or services that can be used in place of each other, having the ability to satisfy similar needs or desires.

Cross-price Elasticity of Demand

A measure of how the quantity demanded of one good responds to a change in the price of another good.