An auto manufacturing company wanted to investigate how the price of one of its car models depreciates with age. The research department at the company took a sample of eight cars of this model and collected the following information on the ages (in years) and prices (in hundreds of dollars) of these cars. Age 8 3 6 9 2 Price 19 92 52 20 142 41 37 100 5 6 3 Compute the coefficient of determination. Round your answer to two decimal places. The coefficient of determination is i

Question
An auto manufacturing company wanted to investigate how the price of one of its car models depreciates with age. The research
department at the company took a sample of eight cars of this model and collected the following information on the ages (in years)
and prices (in hundreds of dollars) of these cars.
Age 8 3 6 9 2
Price 19 92 52 20 142 41 37 100
5 6 3
Compute the coefficient of determination.
Round your answer to two decimal places.
The coefficient of determination is i
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Transcribed Image Text

An auto manufacturing company wanted to investigate how the price of one of its car models depreciates with age. The research department at the company took a sample of eight cars of this model and collected the following information on the ages (in years) and prices (in hundreds of dollars) of these cars. Age 8 3 6 9 2 Price 19 92 52 20 142 41 37 100 5 6 3 Compute the coefficient of determination. Round your answer to two decimal places. The coefficient of determination is i

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