The age and prices of 11 Nissan cars given in the following data:   Age (in years) 5 4 6 5 5 5 6 6 2 7 7 Price (in $100s) 85 103 70 82 89 98 66 95 169 70 48   a. Obtain the correlation coefficient between the age and price of the cars. Interpret the value of the correlation coefficient. b. Obtain a regression equation of Price (dependent variable) on Age (Independent variable). c. What will be the Price of the car after 3 years? d. Find the coefficient of determination. Determine the percent of variation that is explained by the regression equation clearly.

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