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Curry Rubber manufactures rubber bands for retail companies. The accounting manager has created a regression analysis of past data. You notice that the formula has
Curry Rubber manufactures rubber bands for retail companies. The accounting manager has created a regression analysis of past data. You notice that the formula has anR-squared of 0.76, at-value of 2.6, and a standard error of the estimate of $214,900. The estimate for next quarter costs is $2,588,786. What is the relationship between the SE and the predicted amount?
Can someone show me how to calculate? The answer is looking for a %.
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