(Solved): Question 7 (1 point) A company want to find out if there is a linear relationship between indirect l ...

Question 7 (1 point) A company want to find out if there is a linear relationship between indirect labor expense (ILE), in dollars, and drect labor hours (DUA) Data for direct Labor hours and indirect labor expense for 25 months are given. Approximately what percentage of the variation in indirect labor experses is explained by the regression model you derived? Prace your answer, rounded to 2 decimal places, in the blank. Do not use any stray punctuation marks or a percentage sign Fer evample, 78 of would be a lengtimate entry

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