When examining the output from regression analysis,the cost driver is the ________ variable in the cost function.
A)dependent
B)independent
C)constant
D)slope

Question

Quizplus · Accepted Answer

In regression analysis, the cost driver is the variable that is being used to predict or explain the changes in costs. This variable is the independent variable, as it is not affected by changes in the cost. The dependent variable, on the other hand, is the cost itself, which is dependent on the changes in the independent variable. The constant is the value of the cost when the independent variable is zero, and the slope represents the change in the cost for a unit change in the independent variable.

When Examining the Output from Regression Analysis,the Cost Driver Is