Given the Following Points in the Plane,find the Y-Intercept of the Least

question 20

Multiple Choice

Given the following points in the plane,find the y-intercept of the least squares line to two decimal places: (3,3) ,(5,5) ,(7,8) ,and (9,8)

• A)-0.90
• B)-1.50
• C)0.60
• D)0.72

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Definitions:

Quantity Demanded

The quantity of a good that consumers are willing and able to purchase at a given price over a specified period of time.

CD Players

Devices used for playing audio CDs that were a popular technology for music playback before being gradually replaced by digital music players.

Elasticity

The measure of how much the quantity demanded or supplied of a good responds to a change in one of its determinants, such as price or income.

Lowest Possible

This term needs more context to provide a specific definition; generally, it refers to the minimum achievable level or value in a given situation.