The equation for the line of best fit can be obtained as follows, using the least square method (for more info visit http://hotmath.com/hotmath_help/topics/line-of-best-fit.html ):
mean of X = 1/6 mean of Y = 2/3
slope, m = 704/1121 = 0.6
Computing the y-intercept using the formula:
b = mean of Y - m (mean of X) = 2/3 - (704/1121)(1/6) b = 0.562 = 0.6
Therefore, the equation of the line of best fit, given the standard relation: