Question: The following linear regression equation estimates the relationship between the selling price ($) of a popular 4WD car based on the age of the car

The following linear regression equation estimates the relationship between the selling price ($) of a popular 4WD car based on the age of the car (years) and the number of kilometres on the odometer.

Estimated Selling Price = 77567 - 4525 Year - 0.02 Odometer

Estimate the selling price of apopular 4WD car that is 8 years old and has 50948 kilometres on the odometer.

Please give your answer correctly rounded to two decimal places.Do NOT give units.

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