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Suppose you estimate a regression as follows: foodexp; = a + B1'income; + B2 people, where 'foodexp' is the annual number of dollars spent (in thousands), income' is annual household income in thousands). and people' is the number of household residents. Excel produces the following output. Suppose your household has three residents and an income of $45k. What is the estimated annual food expenditure? O $7,406 O $52,264 O $13,079 O $12,389 O $38,183 03 0.303735547 1.986387266 0.303735847 1.986387266 ZotT90SYE I ZafaeueA X 61 612290600 0 1QZ100922SOZETETIVO so-us2099 219gsusugt tocousco'o SIISSST600 SEEE'o sitssstool 6 SEST1992 SD: s89RTE SESES1992 Sbps891/Te $0 962don 019512MOT 9.56 120on 0.154455057 2.668783692 0.8401545324 0.406308473 pevolue Coefficients Standard Error 18 X Variable i 17 Intercept 2593EZETE Z Lower 959 HOISI 15 2Z9C5 OTT 37 644,3536564 18.41010447 jenois et 50-36280617 281/9/87 . IESZE0'892 90520'975 22 12 Regression Significance F lp 10 ANOVA 926690677 0.413013371 8 Observations 7. Standard Error 6 Adjusted R Square 5 R Souare 4 Multiple R SOIZP510 199270270 2015 vossa 34 1 SUMMARY OUTPUT