Market researchers were interested in the relationship between the number of pieces in a building-brick set and the cost of the set. The researchers collected information from a survey and used it to obtain the regression equation ŷ = 0.08x + 1.20, where x represents the number of pieces in a set and ŷ is the predicted price (in dollars) of the set. What is the predicted price of a set that has 2,520 pieces? $202.80 $2,017.20 $3,024.08 $31,485

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Market researchers were interested in the relationship between the number of pieces in a building-brick set and the cost of the set. The researchers collected information from a survey and used it to obtain the regression equation  = 0.08x + 1.20, where x represents the number of pieces in a set and  is the predicted price (in dollars) of the set. What is the predicted price of a set that has 2,520 pieces?

$202.80
$2,017.20
$3,024.08
$31,485
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