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

question 78

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 15,000 miles, the predicted cost is ____________.

• A)2,090
• B)17,000
• C)8,400
• D)8,300
• E)6,300

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Definitions:

University-Based

Associated with or situated in a university, often referring to educational programs, research, or activities conducted within the university environment.

Outpatient Rehabilitation

A form of therapeutic treatment provided to patients who return home after their sessions rather than staying in a hospital or residential facility.

Nurse-Managed

A health or care service or clinic that is primarily overseen and run by nurses, often focusing on primary care and preventive health measures.

Adult Day Care

A service for older adults and their caregivers offering a social and health services daytime program.