• A travel agency has offices in 12 cities. Management believes that monthly airline bookings are related to the mean income in those cities ("Travel agency data.xlsx")
  1. Fit a regression model to forecast bookings. Provide the equation of the fit line and interpret the model parameters in the context of the problem.
  2. Evaluate the regression model
  3. What are the forecasted monthly bookings for a city with an average income of $47,250?

Location	Bookings	Income
1	1,098	43,299
2	1,131	45,021
3	1,120	40,290
4	1,142	41,893
5	971	30,620
6	1,403	48,105
7	855	27,482
8	1,054	33,025
9	1,081	34,687
10	982	28,725
11	1,098	37,892
12	1,387	46,198