For 10 observations on price (x) and supply (y), the following data was obtained: \[\sum{x=130,\sum{y=220,}}\] \[\sum{{{x}^{2}}=2288,\sum{{{y}^{2}}=5506}}\] and \[\sum{xy=3467}\] What is line of regression of y on x?

For 10 observations on price (x) and supply (y), the following data wa

1.	For 10 observations on price (x) and supply (y), the following data was obtained: \[\sum{x=130,\sum{y=220,}}\] \[\sum{{{x}^{2}}=2288,\sum{{{y}^{2}}=5506}}\] and \[\sum{xy=3467}\] What is line of regression of y on x?
A.	\[y=0.91x+8.74\]
B.	\[y=1.02x+8.74\]
C.	\[y=1.02x-7.02\]
D.	\[y=0.91x-7.02\]
Answer» C. \[y=1.02x-7.02\]

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For 10 observations on price (x) and supply (y), the following data was obtained: \[\sum{x=130,\sum{y=220,}}\] \[\sum{{{x}^{2}}=2288,\sum{{{y}^{2}}=5506}}\] and \[\sum{xy=3467}\] What is line of regression of y on x?

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