A Manager Wishes to Predict the Annual Cost (Y)of an Automobile

question 43

Multiple Choice

A manager wishes to predict the annual cost (y) of an automobile based on the number of miles (x) driven.The following model was developed: ŷ = 2,000 + 0.42x.If a car is driven 30,000 miles, the predicted cost is _____________.

• A)10,400
• B)14,600
• C)2,000
• D)32,000
• E)10,250

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