Given the following data set.

Age of Vehicle (Years) 3 7 11 2 12 8 6

Selling Price ($) 12,000 5,000 2,000 12,000 3,000 5,000 7,000

Determine the following values:

a) Correlation coefficient.Rounded to 4 decimal places.

Correlation Coefficient.

b) Coefficient of Determination.Rounded to 4 decimal places.

Coefficient of Determination.

question 2

Using the given regression equation determine the predicted value for heavy machinery when the age is 3 years.

Round your answer to 2 decimal places anddo not include units

Y' = -1,359.6427 X'+17,626.0959