A. coefficient of determination
B. coefficient of index
C. coefficient of residual
D. coefficient of prediction
Related Mcqs:
- The goodness of fit is used to measure the wellness of ________?
A. actual values
B. predicted values
C. residual values
D. indexed values - The relationship between cost and cost driver is economically plausible if the goodness of fit _________?
A. has meaning
B. has no meaning
C. has index values
D. has no index values - In accounting, the cost which is predicted to be incurred or future cost is known as ________?
A. past cost
B. incurred cost
C. actual cost
D. budgeted cost - In Regression Analysis, if an observed cost value is 85 and the disturbance error is 25 then predicted cost value will be ___________?
A. 110
B. 125
C. 60
D. 70 - 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 - In Regression Analysis, if an observed cost value is 85 and the disturbance error is 25 then predicted cost value will be ___________?
A. 95
B. 50
C. 120
D. 100 - 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 - 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 - 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 - An estimated coefficient, which indicates the degree by which the estimated values are affected by random factors is known as ___________?
A. standard error of estimated coefficient
B. weighted error of estimated coefficient
C. average of estimated coefficient
D. variance of estimated coefficient
