Question

The deviations between estimated regression line and the vertical deviations are classified as

a.

fixed terms

b.

indexed terms

c.

variable terms

d.

residual terms

Answer: (d).residual terms

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. The deviations between estimated regression line and the vertical deviations are classified as

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. In regression analysis, if the observed cost value is 50 and predicted cost value is 7, then the disturbance term will be

Q. The number of observations in regression analysis is considered as

Q. Estimation of cost functions of an ignoring information from all points, but considering two observation points, can be classified as

Q. The graphical representation of cost driver data and costs are considered as

Q. Evaluation criteria of regression equation must be considered as

Q. In assumptions of specific analysis, the normality of residuals is satisfied with the use of

Q. In quantitative analysis to estimate cost function, the fourth step is to

Q. A concept used to define the learning curve in broader application is called

Q. The large residual term and negative slope of line indicate

Q. The success of cost reduction initiatives are evaluated by accurate

Q. Which one of the following is the main advantage of quantitative method?

Q. An implementation of activity based costing would be possible only if the accountants find

Q. In assumptions testing, the violation of the constant variance is called

Q. In the cause and effect relationship between cost level and cost driver, the inflationary price effects are removed by dividing cost through

Q. The weak relationship between cost and cost driver is indicated on a regression line, which is

Q. For estimation of each cost pool for cost function, the attention must be paid to

Q. A technique for estimating regression line, which minimizes the sum of vertical deviations squares is classified as

Q. The type of relationship stating "how changes in cost driver drives cause changes in cost" will be termed as

Q. The slope coefficient of cost function is zero because it intersects the

Q. An assumption of specification analysis, which states all the values of residuals which are uniformly scattered around regression line is classified as

Recommended Subjects

Are you eager to expand your knowledge beyond Cost Accounting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!