Burmer Co Has Accumulated Data to Use in Preparing Its Annual

Burmer Co. has accumulated data to use in preparing its annual profit plan for the upcoming year. The cost behavior pattern of the maintenance costs must be determined. Data regarding the machine hours and maintenance costs for the last year and the results of the regression analysis are as follows:A staff assistant has run regression analyses on the data and obtained the following output using Excel:
REGRESSION ANALYSIS
Y (Dependent) Variable: Maintenance Cost
X (Independent) Variable: Maintenance Hours
The p-value is a measure of:

A) The precision of the regression.
B) The reliability of the independent variable.
C) The accuracy of the regression predictions.
D) The linearity in the data.