Chapter 12, Problem 24P

The Regression Equation

Use the following information to answer the next five exercises. A random sample of ten professional athletes produced the

following data where x is the number of endorsements the player has and y is the amount of money made (in millions of

dollars).

x	y	x	y
0	2	5	12
3	8	4	9
2	7	3	9
1	3	0	3
5	13	4	10

Table 12.13

What is the y-intercept of the line of best fit? What does it represent?