Summated_Rating Cost_($_per_person)

54 39

69 49

66 60

66 58

66 41

58 38

52 44

62 43

51 35

51 34

54 39

49 35

74 86

64 52

56 38

47 36

56 33

44 25

55 42

54 46

67 63

65 60

53 25

73 49

65 49

A magazine publishes restaurant ratings for various locations around the world. The magazine rates the restaurants forfood, dModifyingAbove e with accent

ecor, service, and the cost per person. Develop a regression model to predict the cost perperson, based on a variable that represents the sum of the three ratings. The magazine has compiled the accompanying table of this summated ratings variable and the cost per person for 25 restaurants in a major city. Complete parts(a) through(e) below.

Assuming a linearrelationship, use theleast-squares method to compute the regression coefficients b0 and b1.

b0= ___ and b1= ____