In a regression equation, variable costs are represented by the:
A) Slope
B) Intercept
C) Adjusted R-square coefficient
D) t-statistic

Question

Quizplus · Accepted Answer

The slope in a regression equation represents the change in the dependent variable for a unit change in the independent variable. In the context of cost analysis, variable costs are those costs that change as a result of changes in the level of production or sales, so they are typically represented by the slope in a regression equation.

In a Regression Equation, Variable Costs Are Represented by The