Use a Graphing Utility to Find the Equation of the Line

question 249

Multiple Choice

Use a graphing utility to find the equation of the line of best fit. Round to two decimal places, if necessary.
-Managers rate employees according to job performance and attitude. The results for several randomly selected employees are given below. $\begin{array}{l|l|l|l|l|l|l|l|l|l}Performance&59 & 63 & 65 & 69 & 58 & 77 & 76 & 69 & 70 & 64 \\Attitude& 72 & 67 & 78 & 82 & 75 & 87 & 92 & 83 & 87 & 78\end{array}$

• A) \(y = - 47.3 + 2.02 x\)
• B) \(y = 92.3 - 0.669 x\)
• C) \(y = 11.7 + 1.02 x\)
• D) \(y = 2.81 + 1.35 x\)

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Definitions:

Cash Flows

The overall volume of funds moving into and exiting a firm, which is crucial for its liquidity status.

Sale of Old Equipment

The process of disposing of outmoded or surplus equipment, typically to free up space or raise funds.

Cash Inflow

The total amount of money being transferred into a business, from operations, investments, or financing activities.

Existing Structure

The current organization or arrangement of a company's capital, operations, or physical layout.