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Star, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output: Regression Statistics Multiple R 0.9755 R Square 0.9517 Observations

Star, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output:

Regression Statistics
Multiple R 0.9755
R Square 0.9517
Observations 30

Coefficients Standard Error T Stat P-Value
Intercept 175,003 61,603 2.84 0.021
Production (X) 11.57 0.9213 12.55 0.000

What total cost would Star predict for a month in which production is 2,000 units?

$23,140

$198,143

$63,446

$175,003

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