A Cost Accountant Is Developing a Regression Model to Predict

question 72

Multiple Choice

A cost accountant is developing a regression model to predict the total cost of producing a batch of printed circuit boards as a linear function of batch size (the number of boards produced in one lot or batch) , production plant (Kingsland, and Yorktown) , and production shift (day, and evening) .The response variable in this model is ______.

• A)batch size
• B)production shift
• C)production plant
• D)total cost
• E)variable cost

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Definitions:

Carcinoma

A type of cancer that begins in the skin or the tissue lining organs, such as the liver or kidneys.

Epithelial Tissue

A type of bodily tissue that lines the outer surfaces of organs and blood vessels, as well as the interior of hollow structures.

Endoscopy

A medical procedure that allows a doctor to inspect and observe the inside of the body without making large incisions, using an instrument called an endoscope.

Nervous

Pertaining to the nervous system, which includes the brain, spinal cord, and peripheral nerves, or feeling anxious and apprehensive.