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A High Adjusted R-Square for the Regression of a Cost

Question 110

Multiple Choice

A high adjusted R-square for the regression of a cost against a cost driver indicates:


A) The predicted linear relationship between the cost and the cost driver is probably correct
B) The relationship between the cost and the cost driver is probably linear
C) The cost driver explains a high percentage of the variation of the cost
D) The cost driver is statistically significant

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