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    Introduction to Management Accounting Study Set 1
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    Exam 3: Measurement of Cost Behavior
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    A Cost Function Estimated with Least Squares Regression Has a Coefficient
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A Cost Function Estimated with Least Squares Regression Has a Coefficient

Question 82

Question 82

Multiple Choice

A cost function estimated with least squares regression has a coefficient of determination of 0.95.This statistic indicates that the cost function is ________.


A) highly plausible
B) highly reliable
C) not predictable
D) not accurate

Correct Answer:

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