A. 100
B. 25
C. 50
D. 75
0
An assumption of specification analysis states: any observation does not belong to any other observation’s residual value, is classified as ___________?
0
In regression analysis, if the observed cost value is 62 and predicted cost value is 29, then the disturbance term would be ____________?
A. independence of residuals
B. dependence of residuals
C. independence of correlation
D. none of the above
0
The goodness of fit predicted values is also known as ___________?
A. 33
B. 91
C. 81
D. 43
0
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. coefficient of determination
B. coefficient of index
C. coefficient of residual
D. coefficient of prediction
0
In step cost functions, the cost is increased by ____________?
A. $16,000
B. $200
C. $400
D. $20,000
0
In linear cost function, the fixed cost is considered as _________?
A. discrete amounts
B. same amounts
C. linear amounts
D. nonlinear amounts
0
The strength of relationship between cost driver and cost is considered as __________?
A. constant
B. variable
C. exponent
D. base
0
The vertical difference, which measures distance between estimated and actual cost for every single observation is classified as __________?
A. badness of residual
B. goodness of residual
C. badness of fit
D. goodness of fit
0
An error term, disturbance term or residual term is calculated as ___________?
A. residual term
B. positive term
C. negative term
D. squared term
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