The following data shows the age and income for a small number of people.
$$\begin{array} { r l l l l l }
\text { Age (years) } & 24 & 32 & 39 & 54 & 60 \
\text { Incomes (\$) } & 30,000 & 34,000 & 53,000 & 72,000 & 81,000
\end{array}$$
Find the best fit straight line of this data,rounding coefficients and constants to the nearest whole number.Let x represent age and y represent income.
A)y = 3,830x - 8,036
B)y = 3,106x - 8,048
C)y = 1,484x - 8,041
D)None of the above

Question

The following data shows the age and income for a small number of people. 
$$\begin{array} { r l l l l l } 
\text { Age (years) } & 24 & 32 & 39 & 54 & 60 \
\text { Incomes (\$) } & 30,000 & 34,000 & 53,000 & 72,000 & 81,000
\end{array}$$
Find the best fit straight line of this data,rounding coefficients and constants to the nearest whole number.Let x represent age and y represent income.
A)y = 3,830x - 8,036
B)y = 3,106x - 8,048
C)y = 1,484x - 8,041
D)None of the above

Quizplus · Accepted Answer

The Answer of The following data shows the age and income for a small number of people. 
$$\begin{array} { r l l l l l } 
\text { Age (years) } & 24 & 32 & 39 & 54 & 60 \
\text { Incomes (\$) } & 30,000 & 34,000 & 53,000 & 72,000 & 81,000
\end{array}$$
Find the best fit straight line of this data,rounding coefficients and constants to the nearest whole number.Let x represent age and y represent income.
A)y = 3,830x - 8,036
B)y = 3,106x - 8,048
C)y = 1,484x - 8,041
D)None of the above

The Following Data Shows the Age and Income for a Small