What common sense critena should be applied to statistical analysis when evaluating cost drivers using...
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Accounting
What common sense critena should be applied to statistical analysis when evaluating cost drivers using regression analysis? A the DurbinWatson statistic B economic plausibility C the significance of the difference between the costs associated with the highest and lowest observations of the cost driver D goodness of fit E the significance of the difference between the unit values for the highest and lowest observations of the cost driver
What common sense critena should be applied to statistical analysis when evaluating cost drivers using regression analysis?
A the DurbinWatson statistic
B economic plausibility
C the significance of the difference between the costs associated with the highest and lowest observations of the cost driver
D goodness of fit
E the significance of the difference between the unit values for the highest and lowest observations of the cost driver
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