The following are the age (in years) and price (in hundreds of dollars) data for a certain type of car. A scatterplot of the data is given to the right. Age (x) 7 7 6 3 3 4 4 5 1 4 Price (y) 275 264 270 409 362 297 337 306 405 307 a. r= 500- (Round to three decimal places as needed.) 400- 300- 200- O a. Obtain the linear correlation coefficient. b. Interpret the value of r in terms of the linear relationship between the two variables. c. Discuss the graphical interpretation of the value of r. d. Obtain the value of the coefficient of determination by squaring r. de 0 2 4 6 8 10 ... M

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