Handson Yacht Rentals Generated the Following Regression Based on the Number
Question 163
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 R Square Adj RSquare Stand.Error Observations 0.8253580.6812160.65669539.3589215 ANOVA Regression Residual Total df11314SS43,034.720,138.663,173.3MS43,034.711,549.12F27.780017sigF0.000151
Intercept X variable 1 Coefficients 2621.2135.58 Std Error 101.80736.1023 tStat 2.6267255.270675 P-value 0.0209170.000151 Lower 95%47.47846018.980154 Upper 95%487.361245.3467 Lower 95%47.47846018.980154 Upper 95%487.361245.3467 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
Correct Answer:
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