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

Question

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

Quizplus · Accepted Answer

The Answer of 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

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