Which of the following concepts used in estimating cost behaviour is unique to the least-squares regression method?
A) Independent variable.
B) Dependent variable.
C) R-squared.
D) Variable cost per unit.

Question

Quizplus · Accepted Answer

R-squared is a concept unique to the least-squares regression method. The independent variable, dependent variable, and variable cost per unit are all used in other methods of estimating cost behavior.

Which of the Following Concepts Used in Estimating Cost Behaviour