An individual wants to purchase a particular second hand car.He searches online for that model of car, and takes a random sample of the selling price ($000) and the age (years) ofthat model of car, he finds for sale.

He created the following regression.

Summary OutputRegression StatisticsMultiple R0.90R Square0.81Adjusted R Square0.78Standard error9.89Observations10CoefficientsStandard Errort StatP-valueLower 95%Upper 95%Intercept55.755.2210.690.0043.7267.78Age-4.850.83-5.810.00-6.77-2.93

A)Write down the regression equation, using the names of the variables.

B)Interpret the coefficient of Age.