Question
Here is a fitted model that uses the Age (year) and Mileage (mile) to predict the Price ($) of the car: Price^=250001200Age0.09Mileage . Which of
Here is a fitted model that uses the Age (year) and Mileage (mile) to predict the Price ($) of the car: Price^=250001200Age0.09Mileage . Which of the following statements is/are correct based on the fitted model? Please select all that apply. It's possible that there is only one correct answer.
A. For two cars that have the same mileage, the older car is predicted to have a lower price.
B. Age affects the impact of mileage on price
C. Mileage does not affect the impact of age on price
D. For two cars that have the same age, the car with larger mileage is predicted to have a lower price.
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