Question 18 (1 point) Some Haskayne students are doing consulting work for a large company in relation to the purchase of a used freighter. The students create a single variable regression with Ship's Age as the x-variable and Price as the y-variable and found the following results: Which of the following statements is true? There is a 11.6% chance that Ship's Age is significant 30% of the variance in Price is explained by Ship's Age The estimate of the slope of the regression line is 0.31 Ship's Age likely has a positive effect on price