Multiple Choice
The "line of best fit" created in the regression method to generate a straight-line equation
A) is used to estimate future costs.
B) determines variability in estimated and actual costs for a given period.
C) helps to analyze the cause-and-effect relationship of actual costs.
D) allows the estimate of costs to be exactly the same as those costs actually incurred.
Correct Answer:

Verified
Correct Answer:
Verified
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