Corvette Prices. In Exercise 4.51, you determined a regression equation that can be used to predict the price of a Corvette, given its age. a. Should that regression equation be used to predict the...

Corvette Prices. In Exercise 4.51, you determined a regression equation that can be used to predict the price of a Corvette, given its age.

a. Should that regression equation be used to predict the price of a 4-year-old Corvette? a 10-year-old Corvette? Explain your answers.

b. For which ages is use of the regression equation to predict price reasonable?