7. The following table lists a Major League Baseball's (MLB's) leading pitchers, their earned run average (ERA), and their salary (in$10,00,000) for year 2008 Name ERA Salary (in $10,00,000) J Santana 2.53 17 Lee 2.54 4 Lincecum 2.62 0.4 Sabathia 2.7 11 Halladay 2.78 10 Peavy 2.85 6.5 Matsuzaka 2.90 8.3 Dampster 2.96 7.3 Sheets 3.09 12.1 Hamels 3.09 05 1) Develop the regression estimating equation 2) Use the estimated equation to predict the salary when ERA for a player is 2.53