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 Administrative Credit Costs Hours $ 129,751 700 August 82,973 349 September 225,850 1,626 October 216,574 1,234 November 258,353 1,543 December 184,899 1,346 January 219,497 1,573 February 245,270 1,607 March 209,642 1,298 April 192,015 1,357 May June July Total 250,428 1,594 170,778 654 128,437 549 $2,514,467 15,430 Average $ 193,421 1,187 The controller's office has analyzed the data and has given you the results from the regression analysis: SUMMARY OUTPUT Regression Statistics Multiple R R Square 0.9304221 0.865685215 Adjusted R Square 0.853474780 Standard Error 20,299.67390 Observations 13 ANOVA MS F Significance F -70.8971644 4.00248E-06 df ss Regression 1 29,215,073,804 29,215,073,804