The slope of a mixed cost line is represented by the__________ on the regression analysis output.
A)Intercept coefficient
B)X variable 1 coefficient
C)R-square
D)Residual

Question

Quizplus · Accepted Answer

The slope of a mixed cost line is represented by the X variable 1 coefficient on the regression analysis output. The intercept coefficient represents the fixed portion of the cost, while the X variable 1 coefficient represents the variable portion of the cost. R-square represents the goodness of fit of the regression analysis, and residuals represent the difference between the predicted and actual values.

The Slope of a Mixed Cost Line Is Represented by The__________