If $\sum x _ { i } = 7587$ $\sum y _ { i } = 7106.4$

True/False

If $\sum x _ { i } = 7587$ , $\sum y _ { i } = 7106.4$ ,n = 12,and the slope equals 0.5,then the y-intercept of the least squares line is b₀ = 276.08.