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In a study of 2000 model cars, a researcher computed the least-squares regression line of price (in collars) on horsepower. He obtained the following equation

In a study of 2000 model cars, a researcher computed the least-squares regression line of price (in collars) on horsepower. He obtained the following equation of this regression line.

Price = -7000 + 170 horsepower

Based on the least-squares regression line, what would we predict the cost of a 2000 model car with horsepower equal to 230 to be (assuming no extrapolation error)? Show your work for full credit.

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