Star, Incorporated, used Excel to run a least-squares regression analysis, which resulted in the following output: Regression Statistics Multiple R R Square Observations 0.9802 0.9564 30 Coefficients 174, 142 11.25 Standard Error T Stat P-Value 2.87 0.020 12.14 0.000 Intercept Production (X) How much of the variation in cost is not explained by production? 60,742 0.9269

Star, Incorporated, used Excel to run a least-squares regression analysis, which resulted in the following output: How much of the variation in cost is not explained by production? How much of the variation in cost is not explained by production? Multiple Choice It is impossible to determine with the data given. 4.36% 7.31% 1.98%