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A regression test suite consist of 500 test cases which are all executed manually. The business case for a pilot project is based on the adoption of test automation using a commercial tool that will reduce the execution time by a factor of 90% for 100% of the tests in the regression test suite. The pilot project lasted one month ( as planned) and you are currently its results. At the end of the pilot project, 40% of the regression tests have been automated and their execution time has been reduce by 60%. Which of the following statements is TRUE in this scenario?