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4 Question 2 (1 point) A regression analysis was used to study the relationship between the asset rate of return (y is in percentage) and
4 Question 2 (1 point) A regression analysis was used to study the relationship between the asset rate of return (y is in percentage) and the rate of production cost (x is in percentage). The following regression function was obtained. = 31.9 0.34x Based on the above estimated regression equation, if the production cost rate were to decrease by 10% the rate of asset return would: decrease by 3.4% decrease by 0.34% increase by 34% increase by 3.4% Next Page Page 2 of 10
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