Select the appropriate classification of each of the items listed below.
-99%
A)Variable rate
B)Fixed cost
C)Variable cost
D)Cost equation
E)Coefficient of determination

Question

Quizplus · Accepted Answer

99% is the coefficient of determination, which measures the strength of the relationship between two variables. This is a measure of how well the independent variable explains the variation in the dependent variable.

Select the Appropriate Classification of Each of the Items Listed