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Thane Company is interested in establishing the relationship between electricity costs and machine hours. Data have been collected and a regression analysis prepared using Excel. The monthly data and the regression output follow: Machine Electricity Month Hours Costs Skipped January 2, 500 $19, 200 February 2, 900 $22, 600 March 1, 900 $14, 300 April 3, 100 $24, 600 May 3, 800 $29, 050 June 3, 300 $23, 600 July 4, 100 $25, 550 August 3, 500 $23, 550 September 2, 000 $17 , 100 October 3, 700 $27, 600 November 4, 700 $32, 600 December 4, 200 $28, 550Summary Output smmmd Regression statistics Hultiple R R Square 9.914 Adjusted R2 Standard Error 1,615.39 12.99 Coefficients Standard Error mm Lower 95% Upper 95% Intercept 4,974.43 1,997.43 724.41 9,224.45 me me Based on the results of the highlow analysis, the estimate of electricity costs in a month with 2.200 machine hours would be: {Round cost per machine hour to 2 decimal places and all other dollar amounts to nearest whole dollar.)