Answer :
Find complete data below :
Answer:
R = - 0.94
Step-by-step explanation:
Since data was collected in 2005 ; we subtract the data collection year from the make year to obtain the age :
Age (x) :
1,1, 3,3,4,4,5,5,5,5,6,7,10
Price (y) :
26900,23000,17500,18999,17200,18995,13900,15250,13200,11000,13900,8350,5800
Using technology, the correlation Coefficient between age of car and price is : - 0.94
With a correlation Coefficient of - 0.94, we can conclude that there exists a strong negative correlation between age and price of the Odyssey mini vans. This could be interpreted to mean that ; As the age of cars in increases, the price decreases
