Mathematics, 27.02.2020 18:30 wdgyvwyv8840

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 carsAge 8 3 6 9 2 5 6 3Price 18 94 50 21 145 42 36 99(a) Find the regression line with price as a dependent variable and age as an independent variable.(b) Predict the price of a 7 year old car of this model.(c) Estimate the price of an 18 year old car of this model.

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An auto manufacturing company wanted to investigate how the price of one of its car models depreciat...