Based on the equation, y = -750·x + 8500, the estimated value of a
motorcycle that is 5 years old is <u>$4,750</u>.
<h3>How can the given equation help to estimate the value of the motorcycle?</h3>
The regression equation that models the data is; y = -750·x + 8500
Where;
y = The value of the brand of motorcycle in dollars
x = The age of the motorcycle
When the motorcycle is 5 years old, we have;
x = 5
y = -750 × 5 + 8500 = 4750
Based on the equation, the estimated value of a motorcycle that is 5 years old, y =<u> $4,750</u>
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