Which of the following is required for multiple regression?
A)The use of dummy variables.
B)The use of more than one cost driver.
C)The use of more than one dependent variable.
D)The use of a trend variable.

Question

Quizplus · Accepted Answer

Multiple regression requires the use of more than one cost driver, as it involves analyzing how multiple independent variables impact a single dependent variable. The use of dummy variables, more than one dependent variable, or a trend variable may be optional depending on the specific analysis being conducted.

Which of the Following Is Required for Multiple Regression