The Relationship Between the Selling Price (In Dollars)of Used Ford

question 6

Multiple Choice

The relationship between the selling price (in dollars) of used Ford Escorts and their age (in years) is analyzed.A regression analysis to predict the price from the age gives the model
= 14,458 - 1,472age.Predict the price of an Escort that is 8 years old.

• A)$11,776
• B)$10
• C)$26,234
• D)$12,994
• E)$2,682

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Definitions:

Reasoning

The process of thinking about something in a logical way in order to form a conclusion or judgment.

Limbic System

A complex system of nerves and networks in the brain, involving several areas near the edge of the cortex concerned with instinct and mood. It controls the basic emotions (fear, pleasure, anger) and drives (hunger, sex, dominance, care of offspring).

Earliest Part

The initial segment or beginning portion of something, typically referring to time, structures, or processes.

Brain

The organ in the head of humans and other vertebrates that coordinates the body's activities, interpreting sensory information and being the center of thought and emotion.