Question 26 (5 points) What is the conclusion and interpretation of R-squared given the below output: SUMMARY OUTPUT Regression Statistics Multiple R Square And Square 0.01560 Standard Emor 14.34884389 Observation 30 ANOVA SS MS F ulioane F Regression 1 300.3666768 300.668 1489541 0.237061 Residual 285784.90080 26.8002 296065 466667 Intercept Payroll (Mlion $ Coeficients Standard Error Sta! P-value Lower 95% Upper 95% cuer95.per 50% 71.04669206 3.749612387 8.1199817 769E-09 53122928898946 61.12392 88.90946 0070223578 000X80517 12012388 0237061 -0.053 0205450053 020515 SSR R SST = SSR + SSE SST a) 95.04% of the variation in Payroll can be explained by variation in Wins b) 4.96% of the variation in Wins can be explained by Payroll c) 4.96% of the variation in Wins can be explained by the variation in Payroll d) 95.04% of the variation in Wins can be explained by Payroll