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Mathematics, 10.06.2020 18:57 CupcakeTwist5972

An analysis of 8 used trucks listed for sale in the 48076 zip code finds that the power model ln(\hat{price})=3.748-0.1395ln(mile s)ln(price^)=3.748βˆ’0.1395ln(miles), for price (in thousands of dollars) and miles driven (in thousands), is an appropriate model of the relationship. If a used truck has been driven for 47,000 miles, which of the following is closest to the predicted price for the truck?(A) $9.46(B) $24.80(C) $3,210.00(D) $9,460.00(E) $24,800.00

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