For 10 observations on price (x) and supply (y), the following data was obtained:∑x = 130, ∑y = 220, ∑ x2 = 2288, ∑y2 = 5506 and ∑ xy = 3467.What is the 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:∑x = 130, ∑y = 220, ∑ x2 = 2288, ∑y2 = 5506 and ∑ xy = 3467.What is the 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 = 091x – 7.02
Answer» C. y = 1/02x – 7.02