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

question 84

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 20,000 miles,the predicted cost is ____________.

• A) 10,400
• B) 20,000
• C) 2,840
• D) 6,200
• E) 6,750

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Definitions:

Call Center

A centralized office used for receiving or transmitting a large volume of inquiries by telephone, often for customer service.

CIC

A term that may refer to multiple contexts, commonly "Community Interest Company" in the UK, designed for social enterprises that want to use their profits and assets for the public good.

Recommender System

A subclass of information filtering system that seeks to predict the "rating" or "preference" a user would give to an item.

Cross-Selling

The practice of selling additional products or services to an existing customer.