The College of Business at Northeast College is accumulating data as a first step in the preparation of next year's budget development. One cost that is being looked at closely is administrative costs as a function of student credit hours. Data on administrative costs and credit hours for the past thirteen months are shown below: Month July August September October November December January February March April May June July Total Average Administrative Costs 130, 151 83,293 226,090 216,734 258, 433 185,299 219,817 245,510 209,802 192,095 250,828 171,098 128,677 $2,517,827 $ 193,679 Credit Hours 1,100 557 1,834 1,442 1,751 1,554 1.781 1,815 1,506 1,565 1,802 862 757 18,326 1,410 The controller's office has analyzed the data and has given you the results from the regression analysis: SUMARY OUTPUT Regression Statistics Multiple R 0.9169697 R Square 0.840833374 Adjusted R Square | 0.826363681 SUORY OUTPUT Regression Statistics Multiple R 0.9169697 R Square 0.840833374 Adjusted R Square 0.826363681 Standard Error 22.082.14006 Observations 13 ANOVA Regression Residual df 1 11 12 F Significance ? -58.10996541 .030578-05 28,335,634,192 28,335.634.192 5.363.830,006487.620,909.6 33.699,464, 198 Tot Intercept * Variabla 1 Coefficients Standard Errort Stat P-value Lover 951 Upper 951 Lover 95.00 Upper 95.01 39, 107.7831821, 181.72096 1.84629867 0.091907603-7,512.87033 85,728.4367 -7,512.87033 85,728.4367 1 09.6489042 14.38397725 7.622989270 1.030578-05 77.98998375 141.307825 77.98990375 141.307825 ased on the results of the regression analysis, the estimate of administrative costs in a month with 1000 credit hours would be rounded to the nearest rhole dollar Multiple Choice $150.067 lased on the results of the regression analysis, the estimate of administrative costs in a month with 1000 credit hours would be (rounded to them whole dollar) Multiple Choice Sis0067 $148,758. S147,875 Prev 12 of 50 1: Next