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Star, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output: Regression Statistics Multiple R 0. 9814 R Square 0.
Star, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output: Regression Statistics Multiple R 0. 9814 R Square 0. 9576 Observations 30 Coefficients Standard Error T Stat P-Value Intercept 174 , 524 61, 124 2 . 86 0. 021 Production (X) 11.90 0 . 9212 12 . 92 0. 000 How much of the variation in cost is not explained by production? Multiple Choice O 4.24% O 1.86% O It is impossible to determine. 17 of 21 Next >
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