Because the Number of Units Produced Was Greater Than Anticipated,production

question 113

True/False

Because the number of units produced was greater than anticipated,production capacity was used less efficiently than anticipated,resulting in an unfavorable volume variance.

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Definitions:

Positive Association

A connection between two variables where both rise or fall simultaneously.

Little or No Association

A term used to describe a situation where there is minimal or no statistical relationship between two variables.

Moderately Strong Association

A statistical term indicating a considerable but not perfect relationship between two variables.

Linear Association

The relationship between two variables that can be represented accurately using a straight line in a scatterplot.