SUMMARY OUTPUT
Regression Statistics
Multiple R	0.90
R Squared	0.80
Adjusted Rsq	0.79
Standard Error	82.06
Observations	19.00
ANOVA
	df	SS	MS
Regression	1	467247.5	467247.5
Residual	17	114466.2	6733.3
Total	18	581713.7
	Coefficients	St Error	t Stat
Intercept	756.26	30.41	24.87
Age	-10.27	1.23	-8.33

This output was obtained from data on the age of houses (in years)and the associated amount paid in rates ($). Predict the rates paid (in dollars correct to two decimal places) for a house that is31.2 years old.