Solve the problem.
-The relationship between the list price, x, in thousands of dollars, and the dealer invoice price, y, also in thousands of dollars, for pickup trucks can be approximated by the linear equation Y = 0.715x + 2.82. Use this equation to predict the dealer invoice price for a pickup truck with a list
Price of 18.0 thousand dollars.
A)21.231 thousand dollars
B)15.690 thousand dollars
C)12.870 thousand dollars
D)19.305 thousand dollars

Question

Quizplus · Accepted Answer

To predict the dealer invoice price for a pickup truck with a list price of 18.0 thousand dollars, substitute x = 18.0 into the equation Y = 0.715x + 2.82. This gives Y = 0.715(18) + 2.82 = 12.87 + 2.82 = 15.69 thousand dollars.

Solve the Problem. -The Relationship Between the List Price, X, in Thousands of in Thousands