The statistical method used to measure average change in dependent variable, with respect to change of one unit in independent variable is called ___________?
Correct answer: A. regression method
- A. regression method
- B. time horizon method
- C. aggression method
- D. times series method
Explanation
Regression analysis measures the expected change in a dependent variable associated with a one-unit change in an independent variable. The option 'aggression method' is a distractor based on a misspelling or misuse of the term.
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About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
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