31. An estimation of relationship between two or more independent variables and dependent variable is classified as
32. Second step for estimation of cost function by using quantitative analysis is to
33. An estimation of relationship between one independent variable and dependent variable is known as
34. Goodness of fit predicted values is also known as
35. Factor used to predict dependent variable is named as
36. In regression analysis, if observed cost value is 62 and predicted cost value is 29, then disturbance term would be
37. An amount by which total cost changes with respect to change in level of activity is classified as
38. An assumption of specification analysis states: any observation does not belong to any other observation's residual value, is classified as
39. Most frequently used methods of quantitative analysis include
40. If residual error is 25 and predicted cost value is 50, then observed cost value would be
Read More Section(Costing)
Each Section contains maximum 100 MCQs question on Costing. To get more questions visit other sections.