What determines the price of a used car?One factor may be odometer reading.Data for the number of kilometres and asking price for a number of 2001 model year cars are listed below (data is also contained in the DATA 1 tab on the downloaded Excel file).

134 4,850

111 10,300

95 6,700

86 9,150

170 6 ,100

117 10,050

106 6,900

81 8,400

105 10,300

90 9,600

83 8,200

186 4,550

70 7,300

74 10,150

165 3,100

143 5,200

170 2,650

70 9,300

154 9,900

75 8,250

State the least squares equation.(1 mark)

State the CO-EFFICIENT OF DETERMINATION.

Interpret the CO-EFFICIENT OF DETERMINATION.(2 marks)

Estimate the asking price for a car with an odometer reading of 150,000km.(1 mark)