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: Month Machine Hours Electricity Costs January 2.500 $ 18.400 February 2,900 21,000 March 1.900 13,500 April 3,100 23,000 May 3.800 28,250 3,300 22,000 4,500 24,750 August 3.500 22,750 September 2,000 15,500 October 3,700 26,000 November 4,700 31.000 December 4.200 27,750 Summary Output Regression Stonistics Multiple 0.965 0.932 Summary Output Regression Statistics 0.965 Multiple R 0.932 R Square 0.925 djusted R? Standard Error 1.425.18 Observations 12.00 Coefficients Standard Error Stot pvolve Lower 95 Uper 95 3,726 RB Intercept 1,682.82 2.21 122.69) 7,476,45 5.22 11.7 0.49 0.00 6.80 4.67 Machine Hours Based on the results of the regression analysis, the estimate of electricity costs in a month with 2.200 machine hours would be: (rounded to the nearest whole dollar (CSLO 2,5) $3,727 $16,421 $15,180 $22,825