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

question 18

Multiple Choice

A manager wishes to predict the annual cost (y) of an automobile based on the number of kilometres (x) driven.The following model was developed: y = 1,550 + 0.36x.If a car is driven 30,000 kilometres, the predicted cost is ___.

• A)10,800
• B)12,350
• C)2,630
• D)9,250
• E)10,250

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Definitions:

Type A Personality

A temperament characterized by high levels of competitiveness, self-drive, impatience, and a sense of urgency.

Pharmaceutical Industry

The sector of health care that deals with the development, production, and marketing of drugs and medications.

Emotionality

The quality or state of being emotional; the degree to which someone experiences and expresses emotions.

Negative Emotions

Feelings that are typically experienced as unpleasant, such as sadness, anger, fear, and jealousy.