The income of a company that produces disaster equipment has been expressed as a linear regression model based upon the input variable which is the number of hurricanes projected for the upcoming hurricane season. The model is express as Y = mX + b where Y is the estimated sales in millions of dollars, m = .67 and b = 8.2. Assuming that the weather service is predicting 12 hurricanes during the season what are the sales in millions of dollars expected to be?
The correct answer is: 16.24