The Bingo Hamburger Company has a chain of 12 stores in a large city. Sales figures and profits for the stores are given in the following table. Obtain a regression line for the data and predict profit for a store assuming sales of $10 million

X Y

Sales Profits

(in millions) (in millions)

$7 ..................$.15

$2 ..................$.10

$6 ..................$.13

$4 ..................$.15

$14 ..................$.25

$15 ..................$.27

$16 ..................$.24

$12 ..................$.20

$14 ..................$.27

$20 ..................$.44

$15 ..................$.34

$7 ..................$.17