if someone can please elaborate parts b and c for me in simple terms, that would be great. I have posted this another two times but unfortunately, it is challenging finding clear step-by-step instructions. Thank you in advance.

A A B c D E r G H I J K L - N o P Q 1 2 Question 5 I3 3 4 The owner of Maumee Motors wants to study the relationship between the age of a car and its selling price. Listed below is a random sample of 12 used cars sold at Maumee Motors last year: 5 6 Car Age (years) Selling Price (5 thousands) 7 1 9 3.1 8 2 7 6 9 3 11 3.6 10 4 12 4 1 1 5 3 5 12 6 7 10 13 7 3 7.6 14 3 11 3 1 5 9 10 3 16 10 12 6 17 11 6 3.6 18 12 6 3 19 20 a. If we want to estimate selling price on the basis of the age of the car, which variable is the dependent variable, and which is the independent variable? 21 Selling price of the car is the dependent variable 2 Age of the car is the independent variable 23 24 b. Determine the regression equation. 25 26 27 c. Estimate the selling price of a 10year-old car. 28 29 8