13.8 The value of a sports franchise is directly related to the amount of revenue that a franchise can generate. The file [MLB Values] represents the current value in a recent year (in $mi|lions) and the annual revenue (in $mi|lions) for the 30 MLB baseball teams. Source: Data extracted from www.forbes.com/mlb-valuationsllist. Suppose you want to develop a simple linear regression model to predict current value based on annual revenue generated. a. Construct a scatter plot. b. Use the least-squares method to determine the regression coefficients b0 and b1 . c. Interpret the meaning of b0 and b1 in this problem. d. Predict the mean current value of a baseball team that generates $250 million of annual revenue. e. What would you tell a group considering an investment in a MLB baseball team about the relationship between revenue and the current value of a team