Management of MRC Enterprises Has Provided the Following Output from Excel^®

question 51

Multiple Choice

Management of MRC Enterprises has provided the following output from Excel^®:
$\begin{array}{lr}\hline\text { SUMMARY OUTPUT }\\\hline\text { Statistics }\\\hline \text { Multiple R } & 0.8939072 \\\text { R Square } & 0.7990702 \\\text { Adjusted R2 } & 0.7458377 \\\text { Standard Enor } & 10744.516 \\\text { Observations } & 6 \\\hline\end{array}$

$\begin{array}{lrrrrr}\hline\text { ANOVA }&df&SS&MS&F&\text { Signpificance }F\\\hline \text { Regression } & 1 & 1836429 & 1836429 & 1590745 & 0.0162864 \\\text { Resichual } & 4 & 46177852 & 11544463 & & \\\text { Total } & 5 & 2298208 & & & \\\hline\end{array}$

$\begin{array}{lrlllllll}\hline \text { Coefficients } & \text { Sid Enor } & t \text { Stat } & \text { P-value } & \text { Lower 95\% } & \text { Upper 05\% } & \text { Lower 95\% }& \text { Upper 95\% } \\\hline \text { Intercept } & 47757.05 & 34958.30 & 1.36611 & 0.24366 & 49302.764 & 144816.58 & 49302 . & 144816.5 \\\text { X Variable 1 } & 6.364 & 1.595798 & 3.98841 & 0.01628 & 1.9340590 & 10.795352 & 1.9340 & 10.79535\\\hline\end{array}$
What is the estimated cost for a production level of 1,200 units?

• A) $1,730
• B) $55,394
• C) $7,636
• D) There is not enough information provided to determine the answer..

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Definitions:

Trigeminal Nerve

A cranial nerve responsible for sensory information from the face and head, as well as motor functions for biting and chewing.

Cervical

Pertaining to the neck or the cervix, the lower, narrow part of the uterus that opens into the vagina.

Cerebrospinal Fluid

A clear, colorless body fluid found in the brain and spinal cord, acting as a cushion and providing basic mechanical and immunological protection to the brain.

Choroid Plexus

A network of cells in the ventricles of the brain that produce cerebrospinal fluid.