question archive The following data is of the age of an item and the associated price of that item Age (yr) 5 4 6 5 5 5 6 6 2 7 7 Price ($) 85 103 70 82 89 98 66 95 169 70 48 a Calculate the correlation coefficient for this set of data b Determine the regression equation for this set of data c Calculate the coefficient of determination

Subject:StatisticsPrice: Bought3

The following data is of the age of an item and the associated price of that item

Age (yr) 5 4 6 5 5 5 6 6 2 7 7

Price ($) 85 103 70 82 89 98 66 95 169 70 48

a Calculate the correlation coefficient for this set of data

b Determine the regression equation for this set of data

c Calculate the coefficient of determination