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Below is a regression output for Patient Days and Maintenance Costs for a local hospital: SUMMARY OUTPUT Regression Statistics Multiple R 0.957 R Square 0.916

Below is a regression output for Patient Days and Maintenance Costs for a local hospital:

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.957
R Square 0.916
Adjusted R Square 0.911
Standard Error 115.38002
Observations 18
ANOVA

ANOVA
df SS MS F Significance F
Regression 1 2,317,799 2,317,799 174.11 0.0000
Residual 16 213,001 13,313
Total 17 2,530,800
Coefficients Standard Error t Stat P-value Lower 95%
Intercept 2,727 159.6980 17.0754 0.0000 2,388
Patient Days (X) 0.54 0.0412 13.1949 0.0000 0.4563

The estimated total maintenance cost for August based on an estimated 4,000 patient days is:

A.

$4,887

B.

$3,092

C.

$2,734

D.

$4,509

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