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## A scatter plot was made to show the value of various vehicles based on the age of the vehide (in years). The equation for the line of best f

Question

A scatter plot was made to show the value of various vehicles based on the age of the vehide (in years). The equation for the line of best fit is y= 34,000 – 1,600x wherey is the value of the vehicle in dollars and x is the age of the vehicle in years. Use the line of best fit to predict the value of the vehide after 8 years

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Mathematics
3 years
2021-07-18T22:49:10+00:00
2021-07-18T22:49:10+00:00 1 Answers
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## Answers ( )

Answer:

$21,200

Step-by-step explanation:

Given the best fit equation:

y= 34,000 – 1,600x

Where ;

y = value of vehicle in $

x = Age of vehicle in years

The predicted value of vehicle aged 8 years ;x = 8

y = 34000 – 1600(8)

y = 34000 – 12800

y = 21,200

Hence, the predicted value of car aged 8 years is $21,200