Multiple Choice
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 correlation coefficient for the regression equation for electricity costs is:
A) 0.965.
B) 0.932.
C) 0.925.
D) 0.982.
Correct Answer:
Verified
Correct Answer:
Verified
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