In evaluating the economic plausibility of a regression model, the analyst is determining whether...
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In evaluating the economic plausibility of a regression model, the analyst is determining whether the chosen independent variable, is a viable, sensible predictor of the dependent variable, using judgment and understanding of causeandeffect relationships. the degree to which the regression line fits the actual observations. the statistical significance of the relationship of the independent variable, X with the dependent variable, Y the correlation of variable costs to fixed costs in the total cost line determination. 
In evaluating the economic plausibility of a regression model, the analyst is determining
whether the chosen independent variable, is a viable, sensible predictor of the dependent variable, using judgment and
understanding of causeandeffect relationships.
the degree to which the regression line fits the actual observations.
the statistical significance of the relationship of the independent variable, X with the dependent variable, Y
the correlation of variable costs to fixed costs in the total cost line determination.
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