Concept:
To find the vertex of a parabola given in factored or irregular form, it is often easiest to expand the equation into the standard quadratic form $y = ax^2 + bx + c$. From there, the x-coordinate of the vertex is located exactly at the axis of symmetry: $x = -\frac{b}{2a}$.
Step 1: Expand the binomial product.
Multiply the terms $(x-2)$ and $(x-8)$:
$$y = (x^2 - 8x - 2x + 16) + 7$$
$$y = x^2 - 10x + 16 + 7$$
Step 2: Combine constants to get standard form.
Add the constant terms together:
$$y = x^2 - 10x + 23$$
Now the equation is in the standard $ax^2 + bx + c$ form with $a = 1$, $b = -10$, and $c = 23$.
Step 3: Find the x-coordinate of the vertex.
Use the vertex formula $x = -\frac{b}{2a}$:
$$x = -\frac{-10}{2(1)}$$
$$x = \frac{10}{2} = 5$$
Step 4: Find the y-coordinate of the vertex.
Substitute $x = 5$ back into the standard form equation to find the corresponding y-value:
$$y = (5)^2 - 10(5) + 23$$
$$y = 25 - 50 + 23$$
Step 5: Calculate the final coordinates.
Perform the final arithmetic addition:
$$y = -25 + 23 = -2$$
The vertex $(x, y)$ is $(5, -2)$.
Hence the correct answer is (B) $(5,-2)$.