The owner of Maumee Ford-Volvo wants to study the relationship between the age of a car and its selling price. Listed below is a random sample of 12 used cars sold at the dealership during the last year.   Car   Age (years)   Selling Price ($000)   1       11       12.2     2       8       11.0     3       16       4.9     4       18       4.1     5       9       6.7     6       8       13.6     7       10       11.1     8       16       9.0     9       14       9.0     10       18       4.2     11       6       12.1     12       6       10.4            Click here for the Excel Data File a. Determine the regression equation. (Negative amounts should be indicated by a minus sign. Round your answers to 3 decimal places.) b. Estimate the selling price of an 7-year-old car (in $000). (Round your answer to 3 decimal places.)   c. Interpret the regression equation (in dollars). (Round your answer to the nearest dollar amount.)

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