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Cost Accounting MCQs

Cost Accounting MCQs - Subtopic

Independent Variables MCQ with Answers PDF

Practice Independent Variables Multiple Choice Questions (MCQ), cost accounting quiz answers PDF with live worksheets for online degrees. Solve cost function and behavior Multiple Choice Questions and Answers (MCQs), Independent Variables quiz questions bank for business management classes online. "Independent Variables MCQ" book PDF: specification analysis : estimation assumptions, estimating cost functions, curves and nonlinear cost function, cost estimation functions test prep for online business management degree programs.

"An assumption, which states that there must be linear relationship between independent variable and dependent variable is" Multiple Choice Questions (MCQ) on independent variables with choices irrelevant range of linearity, relevant range of linearity, significant range, and insignificant range for business management classes online. Solve independent variables quiz questions for merit scholarship test and certificate programs for online college courses.

MCQs on Independent Variables

1.

An assumption, which states that there must be linear relationship between independent variable and dependent variable is

irrelevant range of linearity
relevant range of linearity
significant range
insignificant range

2.

In multicollinearity, the correlation coefficient between two independent variables must be greater than

0.7
0.6
0.5
0.4

3.

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

standard error of estimated coefficient
weighted error of estimated coefficient
average of estimated coefficient
variance of estimated coefficient

4.

For slope coefficient b, the value of the estimated coefficient is considered as

d-value
c-value
t-value
b-value

5.

The situation in which two or more independent variables are highly correlated is known as

price linearity
cost linearity
division linearity
multi-collinearity
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