Answer:
-0.5436
Fairly strong negative correlation
Value of car decreases as age increases.
Explanation:
Age of car(x)
9
7
11
12
8
7
8
11
10
12
6
6
Selling price ($)
8.1
6.0
3.6
4.0
5.0
10.0
7.6
8.0
8.0
6.0
8.6
8.0
The correlation Coefficient calculated using the correlation coefficient calculator is - 0.5436. This depicts a fairly strong negative (negative value in Coefficient value) correlation exists between the age of a car and its value. This means that, the value of a car decreases as age increases.
