A Statistical Method for Finding the Best-Fitting Cost Equation to a Set

question 108

Multiple Choice

A statistical method for finding the best-fitting cost equation to a set of data is the:

• A) scattergraph method.
• B) high-low method.
• C) visual fit method.
• D) least-squares regression methoD.
• Least-squares regression is the only statistical technique among those listeD.

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Definitions:

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