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Given the following information: The regression equation is y=-3x-20,000 and the correlation coefficient is -0.96. Estimate y for x=10,000 using the regression equation. 10,000 50,000

Given the following information: The regression equation is y=-3x-20,000 and the correlation coefficient is -0.96. Estimate y for x=10,000 using the regression equation.

10,000

50,000

-50,000

Cannot determine with the given information.

None of the above

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