Multiple Choice Question A response variable, Price, is defined as the selling price of a used car. Three predictor variables include, Age, the age of the car in years, Mileage, the mileage of the car in thousands of miles, and Cylinders, the number of engine cylinders. The estimated regression equation is: Price = 10,000 - 1800Age - 50Mileage + 1200Cylinders. The constant term, 10,000 Multiple choice question. has no meaningful interpretation in this model. means that a car is priced on average at $10,000. one would have to pay a maximum of $10,000 for a used car. one would have to pay a minimum of $10,000 for a new car