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Question 7 Exam 2 Chapters, Siwed Save & Exit Help Submit pters 5, 6, & 7 Star, Inc. used Excel to run a least squares

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Question 7 Exam 2 Chapters, Siwed Save & Exit Help Submit pters 5, 6, & 7 Star, Inc. used Excel to run a least squares regression analysis, which resulted in the following output: Regression Statistics Multiple R 0.9840 R Square 0.9602 Observations 30 Intercept Production (x) Coefficients Standard Error 174,650 61,250 11.53 0.9249 T Stat P-Value 2.85 0.021 12.47 0.000 What is Star's formula for estimating costs? Multiple Choice Total cost - 561250 ($0.92* Production) WHO Multiple Choice Total cost 561250+ ($0.92 Production Total cost $174,650 +(561.250 Production Total cost-7153-150.9249 Production Total cost $174,650 - 154153 Production

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