A recent study considered the effects of innovation on employment in Latin America. It seems reasonable that as more firms produce new products, they would need more workers, and employment would rise. For small firms in Argentina, let y be the yearly percentage of employment growth and let x be the percentage of small firms that are product or process innovators. Assume the estimated regression line is y = -5.399 +5.790x. Find an estimate of an observed value for Y for x = 3.5. Round your answer to three decimal places. y =