Question: Q2) (20 Points) A Hotel is measuring its profits based on each season and the cost of the services provided. The following data are from

Q2) (20 Points) A Hotel is measuring its profits based on each season and the cost of the services provided. The following data are from the year 2020. X (Cost of services Y (Profits in in millions of $) thousands of $) 130 250 180 220 260 480 200 410 n n{Xxy) (Ex)(Sy). b Ey b(2x) n(2x2) - (2x)2 a) Plot the data, and find the regression line equation y = a + bx . Using the given formulas. (10 Points) b) What are the expected profits for the next season if the cost of services is 230 million$? (10 Points)

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