The value, which measures that how large is the value of standard error in relevance to value of estimated coefficient, is termed as __________?
Correct answer: D. t-value
- A. c-value
- B. b-value
- C. d-value
- D. t-value
Explanation
The t-value compares an estimated coefficient with its standard error, commonly calculated as coefficient divided by standard error. It indicates how large the coefficient is relative to the uncertainty in its estimate.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? [email protected]
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.
Practise Cost Accounting
941 free Cost Accounting MCQs from Accounting, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Discussion
Stuck on an option, or know a faster way to get there? Ask or explain it here.
No comments yet. Be the first to explain this one.
Exams that ask Accounting questions like this
Accounting is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Cost Accounting questions
The vertical dashed line in graphical representation of cost function represents the ________?
Considering the relationship of variables, the relationship in which the activity cost is included in the dependent variable, which has similar cost driver is classified as __________?
The first step in estimation of cost function by using quantitative analysis is to _________?
The chances of cost to be considered as variable are more, if the __________?
An analysis of data over successive past periods, which pertain to some plant, activity and organization is called ___________?
The residual term is also considered as __________?