Question
The following linear regression equation estimates the relationship between the selling price ($) of a popular 4WD car based on the age of the car
The following linear regression equation estimates the relationship between the selling price ($) of a popular 4WD car based on the age of the car (years) and the number of kilometres on the odometer.
Estimated Selling Price = 77567 - 4525 Year - 0.02 Odometer
Estimate the selling price of apopular 4WD car that is 8 years old and has 50948 kilometres on the odometer.
Please give your answer correctly rounded to two decimal places.Do NOT give units.
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Abstract Analytic Number Theory
Authors: John Knopfmacher
1st Edition
0486169340, 9780486169347
