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The Plastic Lumbar Corporation wants to predict its manufacturing overhead costs by using machine hours in a simple linear regression. All of the following statements

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The Plastic Lumbar Corporation wants to predict its manufacturing overhead costs by using machine hours in a simple linear regression. All of the following statements are true except OA machine hours would be the independent variable O manufacturing overhead costs would be the dependent variable OC manufacturing overhead costs could be referred to as the explanatory variable OD. the regression model is likey to be a good predictor for manufacturing overhead couts it the R-squared value is down to

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