Problem

(Modeling) Online Retail Sales Projected e-commerce sales (in billions of...

(Modeling) Online Retail Sales Projected e-commerce sales (in billions of dollars) for the years 2007–2012 can be modeled by the equation

y = 32.13x + 172.59,

where x = 0 corresponds to 2007, x = 1 corresponds to 2008, and so on. Based on this model, what would you expect the retail e-commerce sales to be in 2012? (Source: Forrester Research, Inc.)

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