Multiple Choice
A manager wishes to predict the annual cost (y) of an automobile based on the number of miles (x) driven.The following model was developed: ŷ = 2,000 + 0.42x.If a car is driven 30,000 miles, the predicted cost is _____________.
A) 10,400
B) 14,600
C) 2,000
D) 32,000
E) 10,250
Correct Answer:
Verified
Correct Answer:
Verified
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