This graph represents a V-shaped absolute value function. The general form for such a function is:

$y = |x - h| + k$

Where $(h, k)$ is the vertex of the graph. The vertex in this graph appears to be at $(2, 0)$, meaning the function is shifted 2 units to the right along the x-axis and does not have any vertical shift (it remains on the x-axis).

So, the equation of this graph is:

$y = |x - 2|$

Thus, for the blanks in the equation:

1. The first blank (inside the absolute value) should be 2.
2. The second blank (outside the absolute value) is 0 since there's no vertical shift.

The final equation is:

$y = |x - 2| + 0$

Would you like further details or have any other questions about this equation or graph?

Here are some related questions for you:

1. How do you determine the vertex of an absolute value function from its graph?
2. What happens to the graph when we change the values of $h$ and $k$ in $y = |x - h| + k$?
3. How would the graph change if the function was $y = |x + 2|$ instead?
4. How does a reflection over the x-axis affect the equation of an absolute value function?
5. What are the general characteristics of the graph of an absolute value function?

Tip: Always look for the vertex (the "V" point) when identifying the equation of an absolute value function! It tells you both the horizontal and vertical shifts.