Exhibit 16-4.The following data shows the cooling temperatures of a freshly brewed cup of coffee after it is poured from the brewing pot into a serving cup.The brewing pot temperature is approximately 180º F;see http://mathbits.com/mathbits/tisection/statistics2/exponential.htm For the assumed exponential model ln(Temp)= β₀ + β₁Time + ε,the following Excel regression partial output is available. Refer to Exhibit 16-4.What is the standard error of the estimate? A)0.03421 B)0.45476 C)0.00177 D)0.67436

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The Answer of Exhibit 16-4.The following data shows the cooling temperatures of a freshly brewed cup of coffee after it is poured from the brewing pot into a serving cup.The brewing pot temperature is approximately 180º F;see http://mathbits.com/mathbits/tisection/statistics2/exponential.htm For the assumed exponential model ln(Temp)= β₀ + β₁Time + ε,the following Excel regression partial output is available. Refer to Exhibit 16-4.What is the standard error of the estimate? A)0.03421 B)0.45476 C)0.00177 D)0.67436