Question
a.
independence of residuals
b.
dependence of residuals
c.
independence of correlation
d.
none of the above
Posted under Cost Accounting
Interact with the Community - Share Your Thoughts
Uncertain About the Answer? Seek Clarification Here.
Understand the Explanation? Include it Here.
Q. An assumption of specification analysis states: any observation does not belong to any other observation's residual value, is classified as
Similar Questions
Explore Relevant Multiple Choice Questions (MCQs)
Q. The most frequently used methods of quantitative analysis include
View solution
Q. If the residual error is 25 and the predicted cost value is 50, then the observed cost value would be
View solution
Q. In multicollinearity, the correlation coefficient between two independent variables must be greater than
View solution
Q. If the coefficients are similar for two accounting periods, then single cost relationship is estimated with the help of
View solution
Q. The relationship between independent variable and dependent variable must be
View solution
Q. In adjustment issues of costing, the database must contain reliable measure of
View solution
Q. If the difference in costs is $7000 and the difference in machine hours of is $18000, then slope coefficient would be
View solution
Q. In adjustment issues and data collection, the inflation affects the
View solution
Q. The higher level of production leads to
View solution
Q. The method of estimation of cost function, by making the opinions and analysis about cost and cost drivers is classified as
View solution
Q. Within the relevant range, the cost function in which cost does not change in narrow ranges of activity is called
View solution
Q. In the linear cost function which is y=a + bx, the objective is to find the
View solution
Q. The statistical method used to measure average change in dependent variable, with respect to change of one unit in independent variable is called
View solution
Q. The line which uses to join observations with lower and highest values of cost driver is called
View solution
Q. A technique which minimizes sum of squared vertical difference, to determine the regression line is considered as
View solution
Q. In Regression Analysis, if an observed cost value is 85 and the disturbance error is 25 then predicted cost value will be
View solution
Q. The better fit between estimated cost and actual observations is represented by
View solution
Q. If an unexplained variation is 456870 and the total variation is 955000, then the coefficient of determination will be
View solution
Q. In Regression Analysis, the testing of assumptions if these are true or not is classified as
View solution
Q. In estimation of cost functions, the variations in a single activity level represents the
View solution
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!