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.

CarAge (years)Selling Price ($000)198.1276.03113.64124.0585.06710.0787.68118.09108.010126.01168.61268.0

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a.Determine the standard error of estimate.(Round your answer to 3 decimal places.)

b.Determine the coefficient of determination.(Round your answer to 3 decimal places.)

c.Interpret the coefficient of determination.(Round your answer to the nearest whole number.)