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The owner of Maumee Ford-Mercury-Volvo wants to study the relationship between the age of a car and its selling price
The owner of Maumee Ford-Mercury-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) | Seling Price ($000) | Car | Age (years) | Seling Price ($000) |
| 1 | 9 | 8.1 | 7 | 8 | 7.6 |
| 2 | 7 | 6.0 | 8 | 11 | 8.0 |
| 3 | 11 | 3.6 | 9 | 10 | 8.0 |
| 4 | 12 | 4.0 | 10 | 12 | 6.0 |
| 5 | 8 | 5.0 | 11 | 6 | 8.6 |
| 6 | 7 | 10.0 | 12 | 6 | 8.0 |
If someone wants to estimate selling price on the basis of the age of the car, which variable is the dependent variable and which is the independent variable?
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