PLEASE SHOW WORK!City government has collected the following data on annual sales tax collections and new car registrations over the past 7 years:Yearsÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ 1ÿÿÿÿÿÿÿÿÿÿ 2ÿÿÿÿÿÿ 3ÿÿÿÿÿÿÿ 4ÿÿÿÿÿÿÿ 5ÿÿÿÿÿÿ 6Annual Sales Tax Collectionsÿÿÿÿÿÿÿÿÿÿÿÿ 1.0ÿÿÿÿÿ 1.4ÿÿÿÿ 1.9ÿÿÿ 2.0ÿÿÿ 2.1ÿÿÿ 1.8(In Millions)New Car Registrationsÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ 10ÿÿÿÿÿÿÿ 12ÿÿÿÿÿ 15ÿÿÿÿ 16ÿÿÿÿ 14ÿÿÿÿ 20(In Thousands)a)Determine the least squares regression equation.b)What does a and b represent in the context this problem?
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