51. Statistical method used to measure average change in dependent variable, with respect to change of one unit in independent variable is called
52. Line which uses to join observations with lower and highest values of cost driver is called
53. A technique which minimizes sum of squared vertical difference, to determine regression line is considered as
54. In Regression Analysis, if an observed cost value is 85 and disturbance error is 25 then predicted cost value will be
55. Better fit between estimated cost and actual observations is represented by
56. If an unexplained variation is 456870 and total variation is 955000, then coefficient of determination will be
57. In Regression Analysis, testing of assumptions if these are true or not is classified as
58. In estimation of cost functions, variations in a single activity level represents the
59. An estimated coefficient, which indicates degree by which estimated values are affected by random factors is known as
60. Regression Analysis Method of quantitative analysis of cost function considers
Read More Section(Costing)
Each Section contains maximum 100 MCQs question on Costing. To get more questions visit other sections.