The choir sells tickets to its performances for an assortment of prices and gives some tickets away. The choir director wants to look at the relationship between the number of seats occupied at each performance
and the ticket revenue for that performance. The data show a linear pattern with the summary statistics
shown below:
mean
standard deviation
number of seats occupied
075.8
8 14.8
y
ticket revenue (dollars)
y 696
8177.6
0.81
Find the equation of the least squares regression line for predicting the ticket revenue from the number
of seats occupied,
Round your entries to the nearest hundredth
M