Please find B

Team Value Question 3, 13.2.8-T HW Score: 4.17%, Revenue Boston 434 Part 2 of 5 0.83 of 20 points 2700 Chicago White Sox . 269 1350 Points: 0.17 of 1 Save Cleveland 271 920 Detroit 275 1200 Houston 299 1450 The value of a sports franchise is directly related to the amount of revenue that a franchise Kansas City 246 950 can generate. The accompanying data table gives the value and the annual revenue for a Los Angeles Angels 350 1750 random sample of 28 of the MLB baseball teams in a recent year. Suppose you want to Minnesota 249 1025 develop a simple linear regression model to predict franchise value based on annual New York Yankees 526 3700 revenue generated. Complete parts (a) through (e) below. Oakland 216 880 Seattle 289 1400 Click the icon to view the table of franchise values and annual revenues. Tampa Bay 205 825 Texas 298 1550 Toronto 278 1300 Arizona 253 1350 Atlanta 1500 434 2650 A. O c. OD Chicago Cubs Cincinnati 229 915 Colorado 248 1000 4000- 4000- 4000- 4000- Los Angeles Dodgers 462 2750 Miami 206 940 Franchise Value ($M) Franchise Value ($M) Milwaukee 239 925 Franchise Value ($M) Franchise Value ($M) Philadelphia 325 1650 Pittsburgh 265 1250 0- HH 1800 60( 60( 60( 60( St. Louis 310 Annual Revenue ($A Annual Revenue ($1 Annual Revenue ($A Annual Revenue ($1 San Diego 259 1125 San Francisco 428 2650 Washington 304 1600 b. Use the least-squares method to determine the regression coefficients bo and by. bo = b1 = (Round to two decimal places as needed.) Clear all Check answer + an example Get more help