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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 0.9755 R Square Observations 30

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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 0.9755 R Square Observations 30 0.9517 Coefficients 175,003 Intercept Production (X) Standard Error 61,603 0.9213 T Stat 2.84 12.55 P.Value 0.021 0.000 How much of the variation in cost is explained by production? O it is impossible to determine. O 97.55% O 9213% O 95.17%

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