Annual Revenue million of dollars Franchise value of dollars   244 486     154 237     206 439     171 165     202 330     248 636     241 478     257 656     189 330     247 589     235 428     259 635     164 174     178 190     243 630

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Annual Revenue million
of dollars
Franchise value of dollars
 
244
486
 
 
154
237
 
 
206
439
 
 
171
165
 
 
202
330
 
 
248
636
 
 
241
478
 
 
257
656
 
 
189
330
 
 
247
589
 
 
235
428
 
 
259
635
 
 
164
174
 
 
178
190
 
 
243
630
 
 
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The value of a sports franchise is directly related to the amount of revenue that a franchise can generate. The accompanying data table gives the value and the annual revenue for 15 major sport teams. Suppose you want to develop a simple linear regression model to predict franchise value based on annual revenue generated. 
 
 
b. Use the​ least-squares method to determine the regression coefficients
b0
and
b1.
 
b0
=
enter your response here
b1
=
enter your response here
 
 
​(Round to two decimal places as​ needed.)
 
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