Find the Equation of the Least-Squares Line for the Given

question 50

Multiple Choice

Find the equation of the least-squares line for the given data. Draw a scatter diagram for the given data and graph the least-squares line. x
1
2
3
4
5
6
Y
4) 5
5
3
2
3) 5
1
​
Please round the coefficients in your equation to two decimal places.
​

• A) ​
• B) ​
• C) ​
• D) ​

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Definitions:

Subjective Judgments

Assessments based on personal opinions, interpretations, points of view, emotions, and judgment calls rather than on objective observations or measurements.

Measurement Errors

Discrepancies between measured values and the true values, which can occur in financial reporting and affect the accuracy of financial statements.

Indirect Method

A cash flow statement approach that adjusts net income for changes in non-cash working capital and non-operating adjustments to calculate cash flow from operations.

Operating Activities

Transactions and other events that are not investing or financing activities, contributing to the company's primary operations and cash flow.