Use a Graphing Utility to Find the Equation of the Line

question 210

Multiple Choice

Use a graphing utility to find the equation of the line of best fit. Round to two decimal places, if necessary.
- $$\begin{array} { c | c c c c c c } \mathrm { x } & 1 & 2 & 3 & 4 & 5 & 6 \\\hline \mathrm { y } & 17 & 20 & 19 & 22 & 21 & 24\end{array}$$

• A) y = 1.03x + 16.4
• B) y = 1.03x + 18.9
• C) y = 1.17x + 16.4
• D) y = 1.17x + 18.9

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Definitions:

P/E Ratio

The ratio for valuing a company that measures its current share price relative to its per-share earnings.

Financial Statements

Official records outlining the financial activities and condition of a business or entity, including the balance sheet, income statement, and cash flow statement.

Common Shares

Equity ownership units in a corporation that entitle holders to voting rights and potential dividends.

Return On Equity Ratio

A measure of financial performance calculated by dividing net income by shareholders' equity, indicating how well a company uses investments to generate earnings growth.