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What is the predicted selling price for a five-year-old car

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Question - We have examined the age (x) and price (y) of a certain model of car. The age (in years) and price (in $) for a sample of 15 cars yielded the following equation: y^ = 18600 - 1800age. What is the predicted selling price for a five-year-old car?

Reference no: EM132986131

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