Below table shows the ships that were sold in 2007 and 2008. Considering the variables such as age, dwt tons (size) and Baltic Dry Index, please find the value of the a ship which is 8 years old, has a size of 172000 dwt tons . Please take into account the Baltic Dry Index is 12500. Please use the regression method and the data from the below table to find the value of that ship. Sale price Built year Age Dead-Weight Tons Baltic

Sale date Ship name ($US millions) (000) Capesize Index

01.01.2007 Lowlands Beilun $73,0 1999 8 170,2 4.647

01.01.2007 CHS Moon $45,0 1991 16 150,2 4.647

01.01.2007 Spring Brave $62,0 1995 12 151,1 4.647

01.01.2007 Martha Verity $60,0 1995 12 158,0 4.647

01.01.2007 TMT TBN $61,3 1993 14 174,7 4.647

01.02.2007 Pantelis SP $83,0 1999 8 169,9 4.878

01.03.2007 Cape Kassos $100,0 2004 3 170,0 5.245

01.03.2007 Johnny K $65,0 1994 13 165,3 5.245

01.03.2007 Zorbas $70,0 1996 11 165,1 5.245

01.03.2007 Martha Verity $63,0 1995 12 158,0 5.245

01.04.2007 Formosabulk Brave $95,0 2001 6 170,1 5.752

01.04.2007 Formosabulk Clement $95,0 2001 6 170,1 5.752

01.04.2007 Nautical Dream $63,5 1994 13 151,4 5.752

01.04.2007 Formosabulk Allstart $67,0 1995 12 150,4 5.752

01.05.2007 Zorbas II $86,0 1996 11 174,5 6.201

01.05.2007 Fertilia $50,5 1997 10 172,6 6.201

01.05.2007 Ingenious $64,2 1996 11 170,0 6.201

01.06.2007 Orient Fortune $28,0 1984 23 161,4 6.618

01.07.2007 Gran Trader $105,0 2001 6 172,5 6.980

01.09.2007 Thalassini Kyra $133,0 2002 5 164,2 8.181

01.10.2007 Marine Hunter $45,0 1984 23 164,5 8.886

01.10.2007 Peace Glory $57,0 1984 23 166,1 8.886

01.11.2007 Sumihou $106,0 1996 11 171,1 9.663

01.11.2007 Gran Trader $152,0 2001 6 172,6 9.663

01.11.2007 Nordstar $38,0 1983 24 150,7 9.663

01.12.2007 Voutakos $78,0 1987 20 188,3 10.299

01.01.2008 Sinfonia $83,7 1991 17 184,4 10.526

01.01.2008 Jin Tai $155,0 2004 4 173,9 10.526

01.03.2008 Desimi $83,0 1989 19 207,1 11.193

01.03.2008 Cape Sun $135,0 1999 9 171,7 11.193

01.04.2008 Nightflight $158,0 2004 4 170,0 11.614

01.05.2008 Cape Falcon $87,2 1993 15 161,5 12.479