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The relationship between age in years and Kelley Blue Book value in dollars based on a sample of cars is given by the equation value=21375-1215(Age)
The relationship between age in years and Kelley Blue Book value in dollars based on a sample of cars is given by the equation value=21375-1215(Age) .
What is the value of the y-intercept? interpret the y-intercept in context. Does the interpretation make sense in this case? Explain.
What is the value of the slope? interpret the slope in context.
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