Question
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:
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 = $1500 + 0.36x. If a car is driven 15000 miles in a year, the model predicts the annual cost of the car to be:
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An Introduction to Analysis
Authors: William R. Wade
4th edition
132296381, 978-0132296380
