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Refer to the eight weeks of actual data included in the Excel template. a . Use least - squares regression to estimate the fixed electrical

Refer to the eight weeks of actual data included in the Excel template.
a. Use least-squares regression to estimate the fixed electrical cost per week and the variable electrical cost per machine-hour.
b. What is the R2 for the regression line in requirement 5a?
c. What does the R2 tell us?
 

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