The Table Below Gives the Number of Inches of Precipitation

question 4

Multiple Choice

The table below gives the number of inches of precipitation that fell in a city in the given months. Use the method of least squares to find the multivariable function f with inputs a and b for the best fitting line where x is 1 in January, 2 in February, and 3 in March. What is the minimum value of Give your answer to two decimal places.

• A) 0.00
• B) 1.35
• C) 42.18
• D) 0.07
• E) 0.15

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Definitions:

Key Item

An essential or significant product, account, or piece of information that holds particular importance within a specific context.

Common-Sized Income Statement

An income statement in which each line item is expressed as a percentage of sales revenue, facilitating comparison across periods and with other companies.

Net Income

Net income is the total earnings of a company after subtracting all expenses and taxes from total revenue, indicating the company's profitability over a specific period.

Current Ratio

The current ratio is a liquidity ratio that measures a company's ability to cover its short-term liabilities with its short-term assets.