Which of the following is an alternative name for a cost driver in a regression analysis?
A) Dependent variable
B) Independent variable
C) Residual
D) Error term

Question

Quizplus · Accepted Answer

In regression analysis, a cost driver is considered an independent variable because it is the variable that influences or predicts the outcome of the dependent variable, which is often the cost or another measure of interest.

Which of the Following Is an Alternative Name for a Cost