That line is the axis of symmetry.
~Axis of symmetry is fairly easy as long as one knows this formula.
*For example: y=x^2 + 6x+8
(a = 1, b = 6, c = 8)
-b/2a = -6/2(1) = -3
x = -3
Axis of Symmetry is x = -3
Yay!
Vertex is the turning point of a parabola. Mainly the point where the parabola created its U-shape.
The Formulas one needs for a vertex would be...
For example y = -x²+4x+1
a = -1, b = 4 , c = 1 axis of Symmetry is x = 2.
x = -b/2a
x = -4/2(-1)
x = 2
Now one would substitute x for 2 in the quadratic equation y = -x²+4x+1.
y = -x²+4x+1
y = -(2)² + 4(2) + 1
y = -4 + 8 + 1 Vertex is (2,5)
y = 5
Now x and y were found. :P