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DATA Month Y X1 X2 Y = an employee's monthly income in pesos 1 12000 140 5 X1 = a person's height in cms. SUMMARY

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DATA Month Y X1 X2 Y = an employee's monthly income in pesos 1 12000 140 5 X1 = a person's height in cms. SUMMARY OUTPUT 2 36000 166 13 X2 = a person's number of years of education 45000 171 16 15000 146 6 Regression Statistics O 5 Multiple R 0.96399944 70000 182 19 6 75000 181 21 R Square 0.92929492 7 166 11 Adjusted R Sc 0.90909347 34000 8 Standard Erro 7669.61533 47600 174 16.5 LO 35700 167 14 Observations 10 10 90000 185 22 O ANOVA of MS F gnificance F Regression 5411880005 2.7068+09 46.00139 9.4E-05 Residual 411760994.7 58822999 Total 9 5823641000 Coefficients Standard Error t Stat P-value Lower 95%Jpper 95%ower 95.05 Upper 95.0% Intercept 36436.8713 107028.5413 0.3404407 0.743513 -216645 289519 -216645 289519.1557 X1 -387.10506 809.547405 -0.4781747 0.647099 -2301.38 1527.17 -2301.38 1527.170367 X2 5195.07719 2070.476698 2.5091213 0.040449 299.178 10091 299.178 10090.9766TR, - TC, Value of firm (1 + ry2 points each: 1. TC =f(Q) = 182 2. Y=-1X3 3. TR = f(Q) = -Q' 4. Y = 45X - 0.5X2 5 points each: 5. Y = 4X* (2X-5) 6. Y = 3X3 10 points: 7. Y = U3+ 3U and U = -X' + 10X 20 points: 8. Given the following total-revenue and total-cost functions of a firm: TR = 120 -0.250 TC = 1/403+ 10.303 + 80 + 30 Determine: a) The level of output at which the firm maximizes its total profit; b) The maximum profit the firm could earn

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