Question: Step 5 answer the 3 questions Q1. Please provide the R-squared (not Adjusted R Square) for the assigned industry-year. Q2. What's the slope of the

Step 5 answer the 3 questions Q1. Please provide the R-squared (not Adjusted R Square) for the assigned industry-year. Q2. What's the slope of the graph (=Change in inventory) for the assigned industry year? Q3. Interpret the slope of the graph. Why chg_inv(change in inventory) is negatively associated with the cost of goods sold (COGS) under absorption costing? Assuming the number of units sold remains the same, how can overproduction affect earnings? Explain the result based on Chapter 6 (Variable Costing)

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