An estimated coefficient, which indicates the degree by which the estimated values are affected by random factors is known as ___________?

Related Mcqs:

1. For slope coefficient b, the value of the estimated coefficient is considered as ___________?

   A. d-value
   B. c-value
   C. t-value
   D. b-value

2. The formal way of differentiating, between non-random and random variations, in manufacturing process is classified as ____________?

   A. statistical process control
   B. statistical failure control
   C. statistical control of prevention cost
   D. statistical control of sunk cost

3. The value, which measures that how large is the value of standard error in relevance to value of estimated coefficient, is termed as __________?

   A. t-value
   B. b-value
   C. d-value
   D. c-value

4. The goodness of fit predicted values is also known as ___________?

   A. coefficient of determination
   B. coefficient of index
   C. coefficient of residual
   D. coefficient of prediction

5. The worse fit between estimated cost and actual observations is shown on regression line with ___________?

   A. larger residual terms
   B. zero residual terms
   C. variable residual terms
   D. smaller residual terms

6. The better fit between estimated cost and actual observations is represented by ___________?

   A. variable residual terms
   B. smaller residual terms
   C. larger residual terms
   D. zero residual terms

7. If the coefficients are similar for two accounting periods, then single cost relationship is estimated with the help of ___________?

   A. data of fixed cost
   B. cost driver of data
   C. pool of data
   D. cost object of data

8. An estimated cost per unit in long run, which enables the company to achieve it’s per unit target, operating income is classified as ___________?

   A. target operating income per unit
   B. target cost per unit
   C. total current full cost
   D. total cost per unit

9. The degree of influence that a manager would have on the revenues, cost, profit and investment is known as __________?

   A. controllability
   B. influential power
   C. responsibility
   D. all of above

10. If the difference in costs is $9000 and the difference in machine hours is $15000, then slope coefficient would be ___________?

    A. 1.24
    B. 0.24
    C. 0.6
    D. 1.667