A Manager Is Only Accountable for Expenses in A(n)________ Center

question 58

Multiple Choice

A manager is only accountable for expenses in a(n) ________ center.

• A)cost
• B)revenue
• C)profit
• D)investment

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Definitions:

SSE

Sum of Squared Errors; a measure of the discrepancy between the data and an estimation model.

SST

Sum of Squared Total, a measure used in statistics to quantify the variance within a set of observations.

Coefficient Of Determination

The Coefficient of Determination, denoted as R², measures the proportion of the variance in the dependent variable that is predictable from the independent variable(s).

Dependent Variable

A variable in an experiment or model that is expected to change in response to changes in independent variable(s).