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Given the following data set. Age of Vehicle (Years) 4 7 11 2 12 8 7 Selling Price ($) 11,000 6,000 2,000 12,000 3,000 5,000

Given the following data set.

Age of Vehicle (Years) 4 7 11 2 12 8 7
Selling Price ($) 11,000 6,000 2,000 12,000 3,000 5,000 6,000

Determine the followong values:

a) Correlation coefficient. Rounded to 4 decimal places.

Correlation Coefficient. ________________

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

Coefficient of Determination. ______________

c) The Regression Equation. Round both slope and Y- intercept to 4 decimal places.

Y' =_______________ X' + _____________________

Slope Y-Intercept

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