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Handson Yacht Rentals Generated the Following Regression Based on the Number

Question 163

Multiple Choice

Handson Yacht Rentals generated the following regression based on the number and cost of daily rentals of its yachts during May:  SUMMARY OUTPUT  Regression Statistios  Multiple R 0.825358 R Square 0.681216 Adj RSquare 0.656695 Stand.Error 39.35892 Observations 15\begin{array}{lr}\text { SUMMARY OUTPUT }\\\hline\text { Regression Statistios }\\\hline\text { Multiple R } & 0.825358 \\\text { R Square } & 0.681216 \\\text { Adj RSquare } & 0.656695 \\\text { Stand.Error } & 39.35892 \\\text { Observations } & 15\\\hline \end{array}
 ANOVA \text { ANOVA }
dfSSMSFsigF Regression 143,034.743,034.7127.7800170.000151 Residual 1320,138.61,549.12 Total 1463,173.3\begin{array}{lrrrrr}&df&SS&MS&F&sig F\\\hline \text { Regression } & 1 & 43,034.7 & 43,034.71 & 27.780017 & 0.000151 \\\text { Residual } & 13 & 20,138.6 & 1,549.12 & & \\\text { Total } & 14 & 63,173.3 & & &\end{array}

 Coefficients  Std Error  tStat  P-value  Lower  Upper  Lower  Upper 95%95%95%95% Intercept 2621.21101.80732.6267250.02091747.478460487.361247.478460487.3612 X variable 1 35.586.10235.2706750.00015118.98015445.346718.98015445.3467\begin{array}{lrrrrrrrr}&\text { Coefficients }&\text { Std Error } & \text { tStat } & \text { P-value } & \text { Lower } & \text { Upper } & \text { Lower } & \text { Upper } \\&&&&&95 \% & 95 \% & 95 \% & 95 \%\\\hline \text { Intercept } & 2621.21 & 101.8073 & 2.626725 & 0.020917 & 47.478460 & 487.3612 & 47.478460 & 487.3612 \\\text { X variable 1 } & 35.58 & 6.1023 & 5.270675 & 0.000151 & 18.980154 & 45.3467 & 18.980154 & 45.3467 \\\hline\end{array} If Handson Yacht Rentals provides 45 yacht rentals during June, how much is its total cost for rentals?


A) $1,601
B) $4,222
C) $4,581
D) $63,173

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