50 POINTS! , PLEASE HELP ME MATH PEOPLE.
According to a study in one area, the equation yˆ=10.4738x+2.5842 models the yearly amount earned for non-profit organizations, in thousands of dollars, where x is the number of fund-raising events held throughout the year, given donations were also collected prior to the event.
According to this regression equation, what is the approximate amount earned for a non-profit organization, given there are 12 fund-raising events held during one year?
1) about $123,000.00
2) about $126,000.00
3) about $128,000.00
4) about $138,000.00