A startup team is interested in creating a productivity app. In estimating the cost ofcreating the app, they collected sample data and developed the following regressionequation:where 1 = number of developersb₂a. What is the value of b2 in the equation?2= number of hours spent creating the appIs cost of software and testing ($'000)y = total cost of creating app ($'000)b. Does it make sense to interpret by in this equation?OYesy = -8.825+20.4861 +0.56x2 + 1.02x3O No$c. Predict the cost of creating an app involving 3 developers, 650 hours and $18,000 insoftware and testing costs.Accessibility Investigate8

Given y = - 8.825 + 20.486x_{1} + 0.56x_{2} + 1.02x_{3}

Creating the app, they collected sample data and developed the following regression equation: where ₁ = number of developers b₂ a. What is the value of b2 in the equation? = 2= number of hours spent creating the app 23= cost of software and testing ($'000) y = total cost of creating app ($'000) y = -8.825+20.4861 +0.56x2 +1.02x3 O Yes 8 b. Does it make sense to interpret by in this equation? O No c. Predict the cost of creating an app involving 3 developers, 650 hours and $18,000 in software and testing costs.