A measurement of how much of the fluctuation of a cost is explained by changes in the cost driver is _____.
A)least?squares analysis
B)standard error of Y
C)standard error of coefficient
D)coefficient of determination

Question

Quizplus · Accepted Answer

The coefficient of determination measures the proportion of the variability in the dependent variable (cost) that is explained by the independent variable (cost driver) and is also known as R-squared.

A Measurement of How Much of the Fluctuation of a Cost