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    Managerial Accounting Study Set 7
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    Exam 3: Cost Behaviour: Analysis and Use
  5. Question
    The R<sup>2</sup> Tells Us the Percentage of the Variation in the Dependent
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The R2 Tells Us the Percentage of the Variation in the Dependent

Question 24

Question 24

True/False

The R2 tells us the percentage of the variation in the dependent variable (e.g.,cost)that is explained by variation in the independent variable (activity).

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