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Star, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output: 16 Regression Statistics Multiple R 0.9834 R Square 0.9596
Star, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output: 16 Regression Statistics Multiple R 0.9834 R Square 0.9596 Observations 30 Intercept Production (X) Coefficients 174,980 11.53 Standard Error 61,580 0.9265 T Stat P-value 2.84 0.02 12.44 0 What is Star's variable cost per unit? Multiple Choice 0 $0.93 O $2.84 $2.84 O $11.53 O $12.44
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