To find the value of \( \hat{y} \) (the predicted weight) for a boy who is 8 years old using the line of best fit equation \( \hat{y} = 5.5x + 16 \), you can substitute \( x = 8 \) into the equation.
\[ \hat{y} = 5.5(8) + 16 \]
Calculating this:
\[ \hat{y} = 44 + 16 = 60 \]
So, the predicted weight \( \hat{y} \) for an 8-year-old boy based on the line of best fit is \( 60 \) lbs.