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Star, Incorporated, used Excel to run a least-squares regression analysis, which resulted in the following output: Regression Statistics Multiple R 0.9720 R Square 0.9482 Observations

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

Regression Statistics
Multiple R 0.9720
R Square 0.9482
Observations 30
Coefficients Standard Error T Stat P-Value
Intercept 174,720 61,320 2.85 0.021
Production (X) 11.22 0.9227 12.16 0.000

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

Multiple Choice

$22,157

$63,165

$197,160

$174,020

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