Which One of the Following Objectives Illustrates an Appropriate Behavioural

question 48

Multiple Choice

Which one of the following objectives illustrates an appropriate behavioural example of the cognitive objective,"Students will be able to understand the concept of correlation"?

• A)"Achieve mastery on a quiz dealing with correlation issues."
• B)"Appreciate how and when correlation is used."
• C)"Comprehend the meaning of the concept of correlation."
• D)"Identify instances of positive and negative correlation."

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Definitions:

Mixed Cost

Expenses that have both fixed and variable components, changing in total with the level of activity but also containing a constant element.

Least-squares Regression

A statistical technique that identifies the most accurate line of fit by reducing the total of the squared differences between the actual and forecasted values.

Mixed Cost

Expenses that contain both fixed and variable components, changing with the level of output or activity.

High-low Method

A technique used in managerial accounting to estimate variable and fixed cost components of a cost formula, using the highest and lowest levels of activity.