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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 a random

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 (years) Age Selling Price (5000) 1 10 10.8 2 6 9.1 12 4.3 16 5.0 5.1 7 11.5 7 9 11.6 13 8.0 9 12 8.0 10 16 3.9 11 A 12.0 12 4 11.1 PictureClick here for the Excel Data File 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 9-year-old car on $000) (Round your answer to 3 decimal places.) Saved a. Determine the regression equation. (Negative amounts should be indicated by a minus sign. Round your answers to 3 decimal places.) a= b= b. Estimate the selling price of an 9-year-old car (in $000). (Round your answer to 3 decimal places.) Selling price c. Interpret the regression equation (in dollars). (Round your answer to the nearest dollar amount.) For each additional year, the car decreases in valuo

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