Question: Paul wants to explore the relationship between the average summer's day temperature in Fahrenheit and the price of a music festival ticket. After gathering data,

Paul wants to explore the relationship between the average summer's day temperature in Fahrenheit and the price of a music festival ticket. After gathering data, he conducts a regression analysis, which results in a formula of:

Y = 1.23X + 25.45

Using this regression formula, what should Paul predict the price of a festival ticket to be if the average temperature this summer is 82 degrees?

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