A. independence of residuals
B. dependence of residuals
C. independence of correlation
D. none of the above
Related Mcqs:
- An assumption of specification analysis, which states all the values of residuals which are uniformly scattered around regression line is classified as __________?
A. abnormality of residuals
B. normality of regression
C. normality of residuals
D. abnormality of regression - In the ‘specification analysis’, the assumptions related to residuals states must be __________?
A. worst
B. independent
C. dependent
D. good - In the specification analysis, the assumptions related to linearity states but linearity must be within ____________?
A. irrelevant range
B. relevant range
C. significant range
D. insignificant range - If the difference between costs linked to highest and lowest observation of cost driver is $27000 and observation of cost driver is 90 machine hours, then slope coefficient would be ____________?
A. $800
B. $400
C. $300
D. $600 - If the difference between costs linked to highest and lowest observation of cost driver is $36000 and observation of cost driver is 30 machine hours, then slope coefficient would be __________?
A. $1,200
B. $1,400
C. $1,600
D. $1,800 - If the difference between costs linked to highest and lowest observation of cost driver, is $8000 and observation of cost driver is 40 machine hours, then slope coefficient will be _____________?
A. $16,000
B. $200
C. $400
D. $20,000 - If the residual error is 51 and the predicted cost value is 37, then the observed cost value will be ___________?
A. 14
B. 88
C. 24
D. 68 - The cost analysis method, which uses mathematical method to use fit between past data observations and cost functions is termed as ___________?
A. quantitative analysis method
B. qualitative analysis method
C. account analysis method
D. conference analysis method - If the residual error is 35 and the predicted cost value is 20, then the observed cost value will be _________?
A. 55
B. 15
C. 65
D. 85 - If the residual error is 25 and the predicted cost value is 50, then the observed cost value would be ______________?
A. 100
B. 25
C. 50
D. 75
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