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 $\hat{\text { price }} = 14,458 - 1472$ age.Predict the price of an Escort that is 8 years old.
A)$11,776
B)$10
C)$26,234
D)$12,994
E)$2682

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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 $\hat{\text { price }} = 14,458 - 1472$ age.Predict the price of an Escort that is 8 years old.
A)$11,776
B)$10
C)$26,234
D)$12,994
E)$2682

The Relationship Between the Selling Price (In Dollars)of Used Ford price ^=14,458−1472\hat{\text { price }} = 14,458 - 1472 price ^​=14,458−1472

The Relationship Between the Selling Price (In Dollars)of Used Ford $\hat{\text { price }} = 14,458 - 1472$