Solve the Problem $y = - \frac { 13 } { 8 } + \frac { 3 } { 8 } x$

question 319

Multiple Choice

Solve the problem.
-Find the least squares line for the points (-5, -1) , (3, -2) .

• A) \(y = - \frac { 13 } { 8 } + \frac { 3 } { 8 } x\)
• B) \(y = - \frac { 13 } { 8 } - \frac { 3 } { 8 } x\)
• C) \(y = - \frac { 13 } { 8 } + \frac { 1 } { 8 } x\)
• D) \(y = - \frac { 13 } { 8 } - \frac { 1 } { 8 } x\)

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Definitions:

Income

Funds acquired frequently, either from performing work or via investment profits.

Production

The method of producing goods and services by mixing labor, materials, and technology.

Savings

Money set aside from current income for future use, often to accumulate wealth or for specific future expenditures.

Monetarism

A school of thought that emphasizes the role of governments in controlling the amount of money in circulation to influence the economy.