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

[answerhappygod]

The owner of Maumee Ford-Volvo wants to study the relationshipbetween the age of a car and its selling price. Listed below is arandom sample of 12 used cars sold at the dealership during thelast year.
Click here for the Excel Data File
If we want to estimate selling price on the basis of the age ofthe car, which variable is the dependent variable and which is theindependent variable?
b-1. Determine the correlationcoefficient. (Negative amounts should be indicated bya minus sign. Round your answers to 3 decimal places.)
b-2. Determine the coefficient ofdetermination. (Round your answer to 3 decimalplaces.)
Interpret the correlation coefficient. Does it surprise you thatthe correlation coefficient is negative? (Round youranswer to the nearest whole number.)