Use the Given Data to Find the Equation of the Regression

question 100

Multiple Choice

Use the given data to find the equation of the regression line. Round the final values to three significant digits, if necessary.
- $\begin{array}{c|ccccc}x & 6 & 8 & 20 & 28 & 36 \\\hline \mathrm{y} & 2 & 4 & 13 & 20 & 30\end{array}$

• A) \(\hat{y} = - 3.79 + 0.897 x\)
• B) \(\hat { y } = - 3.79 + 0.801 x\)
• C) \(\hat{y} = - 2.79 + 0.950 x\)
• D) \(\hat{y} = - 2.79 + 0.897 x\)

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Definitions:

Board of Directors

A group of individuals elected by the shareholders of a corporation to oversee the management and make major decisions affecting the company's policy and strategy.

Common Stockholders

Individuals or entities that own shares of common stock in a corporation, granting them voting rights and a share in the company's profits.

Minimum Dividends

The smallest amount of dividends a company decides to pay out to its shareholders, often based on agreements or policy.

Par Common Stock

The nominal or face value of a common stock as stated in the corporate charter, unrelated to its market value.