A Cost Accountant Is Developing a Regression Model to Predict

question 67

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 (Kitchener and Hamilton) , 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:

Sweet Dessert

A course that typically comes at the end of a meal, often characterized by its sweetness or richness.

Report Card

A document summarizing a student's performance academically over a specific period, usually including grades or marks.

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A behavioral concept where the removal of an adverse stimulus strengthens a desired behavior or response.

Pleasant Stimulus

Any event, object, or situation that causes a positive emotional response.