The cost to be predicted is referred to as the:
A)regression.
B)dependent variable.
C)cost driver.
D)independent variable.

Question

Quizplus · Accepted Answer

The dependent variable is the variable being predicted or estimated in regression analysis, which in this case is the cost to be predicted. The cost driver may be used to explain the variation in the cost, but it is not the variable being predicted. The independent variable(s) are used to predict the dependent variable, but the cost is the dependent variable in this scenario. Therefore, the best choice is B.

The Cost to Be Predicted Is Referred to as The