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Thane Company is interested in establishing the relationship between electricity costs and machine hours. Data have been collected and a regression analysis prepared using Excel.

Thane Company is interested in establishing the relationship between electricity costs and machine hours. Data have been collected and a regression analysis prepared using Excel. The monthly data and the regression output follow: The correlation coefficient for the regression equation for electricity costs is: Multiple Choice 0.964 . 0.930 . 0.922 . 0.980

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