A line of fit was used to predict the values of ŷ in the table.

(Image below)

Analyze the data. Determine whether the equation that produced the predicted values represents a good line of best fit.

No, the equation is not a good fit because the residuals are all far from zero.
No, the equation is not a good fit because the sum of the residuals is a large number.
Yes, the equation is a good fit because the residuals are not all far from zero.
Yes, the equation is a good fit because the sum of the residuals is a small number.