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    Management Accounting Study Set 2
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    Exam 2: Cost Concepts, Behaviour and Estimation
  5. Question
    Simple Regression Minimises the Distance from Each Data Point to
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Simple Regression Minimises the Distance from Each Data Point to

Question 7

Question 7

Multiple Choice

Simple regression minimises the distance from each data point to


A) A trend line
B) The y-intercept
C) The error term
D) The x-axis

Correct Answer:

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