The following data show the annual revenue ($ millions) and theestimated team value ($ millions) for the 30 Major League Baseballteams (Forbes website, January 16, 2014).

Team	Revenue ($ millions)	Value ($ millions)
Arizona Diamondbacks	195	584
Atlanta Braves	225	629
Baltimore Orioles	206	618
Boston Red Sox	336	1312
Chicago Cubs	274	1000
Chicago White Sox	216	692
Cincinnati Reds	202	546
Cleveland Indians	186	559
Colorado Rockies	199	537
Detroit Tigers	238	643
Houston Astros	196	626
Kansas City Royals	169	457
Los Angeles Angels of Anaheim	239	718
Los Angeles Dodgers	245	1615
Miami Marlins	195	520
Milwaukee Brewers	201	562
Minnesota Twins	214	578
New York Mets	232	811
New York Yankees	471	2300
Oakland Athletics	173	468
Philadelphia Phillies	279	893
Pittsburgh Pirates	178	479
San Diego Padres	189	600
San Francisco Giants	262	786
Seattle Mariners	215	644
St. Louis Cardinals	239	716
Tampa Bay Rays	167	451
Texas Rangers	239	764
Toronto Blue Jays	203	568
Washington Nationals	225	631

1. Write the regression equation.

2. Interpret the regression constant and regressioncoefficient.

3. Forecast a value for the dependent variable, test thesignificance of the regression coefficient at an alpha level of.05. Test the overall significance of the regression model, andInterpret the coefficient of determination.

5. Are there any indications of violations of the general linearmodel? You must address each assumption separately and explain.