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Wittaler [7]
3 years ago
15

What is the equation of the line of the best fit for the following data? Round to the slope and y-intercept of the line to three

decimal places

Mathematics
1 answer:
BigorU [14]3 years ago
4 0

Answer:

D. y=-0.927x+13.634

Step-by-step explanation:

We graph the points on the graph. The graph is attached.

Let us take two points (1, 14) and (15, 1), and calculate the slope mbetween them <em>(we choose these points because the line passing through them will be the best fit for all points) </em>

m=\frac{14-1}{1-15} =\frac{13}{-14} =-0.9286

Thus we have the equation

y=-0.9286x+b

Let us now calculate b from the point (1,14)

14=-0.9286(1)+b

b=14.9286

So the equation we get is

y=-0.9286x+14.9286

Let us now turn to the choices given and see which choice is closest to our equation: we see that choice D. y=-0.927x+13.634 is the closest one, so we pick it.

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Then
Amount of profit made in the month of January = 0.5% * 8341.50 dollars
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