The line which uses to join observations with lower and highest values of cost driver is called Options: A . &nbspstraight line B . &nbspcurved line C . &nbsphorizontal line D . &nbspvertical line

The line which uses to join observations with lower and highest values of cost d

Question

The line which uses to join observations with lower and highest values of cost driver is called

Options:

A . straight line

B . curved line

C . horizontal line

D . vertical line

Answer: Option A
Answer: (a).straight line

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Question 1. If an unexplained variation is 456870 and the total variation is 955000, then the coefficient of determination will be....

Question 2. The better fit between estimated cost and actual observations is represented by....

Question 3. A technique which minimizes sum of squared vertical difference, to determine the regression line is considered as....

Question 4. In Regression Analysis, if an observed cost value is 85 and the disturbance error is 25 then predicted cost value will b....disturbance error is 25 then predicted cost value will be

Question 5. In Regression Analysis, the testing of assumptions if these are true or not is classified as....

Question 6. In estimation of cost functions, the variations in a single activity level represents the....

Question 7. An estimated coefficient, which indicates the degree by which the estimated values are affected by random factors is kno....estimated values are affected by random factors is known as

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Question 10. In dependent variable cost pool, the relationship between individual cost items and cost drivers can be classified as....

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