The director of special events for Sun City believed that the amount of money spent on fireworks displays on the 4th of July was predictive of attendance at the Fall Festival held in October. She gathered the following data to test her suspicion.

Determine the regression equation. Is the amount spent on fireworks related to attendance at the Fall Festival? Evaluate regression assumptions by examining theresiduals.

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4th of July ($000) Fall Festival (000) 4th of July ($000 Fall Festival (000) 10.6 8.5 12.5 9.0 5.5 12.0 8.0 7.5 9.0 10.0 7.5 10.0 6.0 12.0 10.5 9.5 9.8 6.6 10.1 8.8 6.4 10.8 10.2 6.0 11.1 7.5 8.4 11.3 8.8