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Thul Company Is Interested in Establishing the Relationship Between Electricity

question 24

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Thul 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: Thul 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 percent of the total variance that can be explained by the regression is: A) 0.965. B) 0.932. C) 0.925. D) 0.982. The percent of the total variance that can be explained by the regression is:

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