Which of the Following Should Be the First Step in the Analysis

question 22

Multiple Choice

Which of the following should be the first step in the analysis of cost behaviour?

• A) Estimating the slope coefficient.
• B) Estimating the intercept term.
• C) Estimating the R-squared in the case of least-squares regression.
• D) Scattergram plot.

---

Definitions:

Highway Tractors

Trucks designed primarily for long-haul transportation over highways, often equipped with sleeping compartments.

Brake Drum

A component of drum brake systems where brake shoes press against the inner surface to slow or stop a vehicle.

Machined

Processed using a milling, turning, or drilling machine to achieve desired dimensions and finishes on a work piece.

Service Facilities

Locations or establishments where maintenance, repair, and other support services are provided for vehicles or equipment, ensuring operational efficiency and safety.