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

question 104

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: y = 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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