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The owner of Maumee Ford - Volvo wants to study the relationship between the age of a car and its selling price. Listed below is

The owner of Maumee Ford-Volvo 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 the dealership during the last year.
Car Age (years) Selling Price ($000)
11111.0
279.0
3163.0
4193.0
595.0
6711.6
7109.6
8177.0
9147.0
10194.8
11510.6
1258.6
a. Determine the regression equation. (Negative amounts should be indicated by a minus sign. Round your answers to 3 decimal places.)
b. Estimate the selling price of an 6-year-old car (in $000).(Round your answer to 3 decimal places.)
c. Interpret the regression equation (in dollars).(Round your answer to the nearest dollar amount.)

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