In regression analysis it is not necessary to eliminate data from unusual periods because the statistical analysis is able to factor this in to the regression outputs.
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Q57: When generating a list of possible cost
Q58: When estimating cost functions it is important
Q59: Regression analysis removes errors in cost estimation
Q60: The statistical technique that measure the average
Q61: Management accounting commonly uses average costs in
Q63: Scatter plots can be used for an
Q64: Fixed costs per unit:
A) Will not change
Q65: The analysis at the account level method
Q66: It is necessary to know the relevant
Q67: The relevant range is defined as:
A) A
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