Final answer:
The function y = 1/4 does not have a horizontal asymptote.
Step-by-step explanation:
The function y = 1/4 represents a horizontal line with a constant value of 1/4. A horizontal asymptote is a line that the graph of a function approaches as the input (x) approaches positive or negative infinity. Since the function y = 1/4 is a horizontal line, it does not approach any particular value as x approaches infinity. Therefore, the answer is 4) There is no horizontal asymptote.