Use a Graphing Utility to Find the Equation of the Line

question 20

Multiple Choice

Use a graphing utility to find the equation of the line of best fit. Round to two decimal places, if necessary.
-Ten students in a graduate program were randomly selected. Their grade point averages (GPAs) when they entered the program were between 3.5 and 4.0. The following data were obtained regarding their GPAs on
Entering the program versus their current GPAs. $$\begin{array} { c c } \text { Entering GPA } & \text { Current GPA } \\\hline 3.5 & 3.6 \\3.8 & 3.7 \\3.6 & 3.9 \\3.6 & 3.6 \\3.5 & 3.9 \\3.9 & 3.8 \\4.0 & 3.7 \\3.9 & 3.9 \\3.5 & 3.8 \\3.7 & 4.0\end{array}$$

• A) y = 0.33x + 2.51
• B) y = 0.50x + 5.81
• C) y= 0.02x + 4.91
• D) y = 0.03x + 3.67

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Definitions:

Business Executives

Business Executives are individuals holding senior positions within a company, responsible for strategic decisions, overseeing operations, and steering the organization towards its goals.

Discount Rate

In finance, it's the interest rate used to discount future cash flows back to their present value, often reflecting the cost of capital or rate of return.

Net Present Value (NPV)

A method used to evaluate the attractiveness of an investment opportunity, calculating the difference between the present value of cash inflows and the present value of cash outflows.

Cash Flows

The cumulative amount of capital moving into and leaving a company, impacting its liquidity.