Question

The following data includes the year, make, model, mileage (in thousands of miles) and asking price...

The following data includes the year, make, model, mileage (in thousands of miles) and asking price (in US dollars) for each of 13 used Honda Odyssey minivans. The data was collected from the Web site of the Seattle P-I on April 25, 2005.

year make model mileage price
2004 Honda Odyssey EXL   20 26900
2004 Honda Odyssey EX 21 23000
2002 Honda Odyssey 33 17500
2002 Honda Odyssey 41 18999
2001 Honda Odyssey EX 43 17200
2001 Honda Odyssey EX 67 18995
2000 Honda Odyssey LX 46 13900
2000 Honda Odyssey EX 72 15250
2000 Honda Odyssey EX 82 13200
2000 Honda Odyssey 99 11000
1999 Honda Odyssey 71 13900
1998 Honda Odyssey 85 8350
1995 Honda Odyssey EX 100 5800



Compute the correlation between mileage and price for these minivans. (Assume the correlation conditions have been satisfied and round your answer to the nearest 0.001.)

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