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MBA Cost Accounting Entrance Exam: Practice Test 14 (Chapter 11)
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The second step for estimation of cost function by using quantitative analysis is to
An estimation of relationship between one independent variable and the dependent variable is known as
The goodness of fit predicted values is also known as
The factor used to predict the dependent variable is named as
In regression analysis, if the observed cost value is 62 and predicted cost value is 29, then the disturbance term would be
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