A study was conducted to investigate the relationship between the A study was conducted to…

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A study was conducted to investigate the relationship between the
A study was conducted to investigate the relationship between the resale price, y (in hundreds of dollars), and the age, x (in years), of midsize luxury American automobiles. The equation of the line of best fit was determined to be yˆ =185.7 -21.52x

a. Find the resale value of such a car when it is 3 years old.

b. Find the resale value of such a car when it is 6 years old.

c. What is the average annual decrease in the resale price of these cars?

A study was conducted to investigate the relationship between the