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 during the last year Selling Price. ($ Selling Price ($ thousands l Cor Age (years) (thousands) 16.1 19.4 14 4.5 12 9.4 11 4.6 n, Determine the comelation coefficient, ( Negative answer should be indicated by a minus sign. found the final answer to ] decimal places ) b. Determine the coefficient of determination (Round the final answer to 3 decimal places] c. Interpret these statistical measures Does if supine you that an inverse relationship exists? (Round the final answer to the nearest whole number) Weak negative (vvverse] correlation between age of car and selling price So. percent of the variation in the selling price is explained by the variation in the age of the car