The multiple regression equation has been created for a sample, as seen below. You must use it to estimate Y.

= -1.2 + 1.3 X₁ + 2.9 X₂ + 8.8 X₃ Where: X₁ is number of employees in thousands X₂ is number of stations in hundreds, X₃ is crude oil inventory in millions of dollars estimates revenue in millions of dollars

Task Estimate revenue () for the situation where:

1120 employees are on the payroll

120 stations are operating

$96,800,000 of crude oil in inventory is available

How many dollars do you estimate the company to have in revenues?