Select the best description for the following:

-6.53
A)Variable rate
B)Fixed cost
C)Variable cost
D)Cost equation
E)Coefficient of determination
F)Significance F

Question

Select the best description for the following:

-6.53
A)Variable rate
B)Fixed cost
C)Variable cost
D)Cost equation
E)Coefficient of determination
F)Significance F

Quizplus · Accepted Answer

6.53 is a numerical value and does not fit any of the other descriptions provided. However, it could potentially be a variable rate if it is used to calculate a proportion or percentage of some variable.

Select the Best Description for the Following