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The management of Hekima Airlines have hypothesized that their financial performance (Y in ksh 100 millions) is influenced by the number of bookings per month

The management of Hekima Airlines have hypothesized that their financial performance (Y in ksh 100 millions) is influenced by the number of bookings per month (X1in 000) as well as the total monthly distance covered (X2 in 000) on all routes. They have assembled the following data over the last 15 months:

X1 X2 Y
150 28 48
165 33 53
171 38 60
149 34 47
176 41 63
166 40 55
182 46 65
180 49 71
190 54 71
174 51 66
196 56 75
194 55 75
202 62 81
205 60 86
210 64 88

Required:

Using OLS method, forecast the profit that the airline will make if they make effort to secure 250,000 bookings and move their aircrafts over a distance of 80,000 kilometres.

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