Data Concerning Nelson Company's Activity for the First Six Months

question 106

Multiple Choice

Data concerning Nelson Company's activity for the first six months of the year appear below: Using the high-low method of analysis,the estimated variable electrical cost per machine hour is:

• A)$0.65
• B)$0.40
• C)$0.70
• D)$0.67

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Definitions:

Dependent Variable

The variable in an experiment that is expected to change as a result of manipulations made to the independent variable.

Dependent Variable

In scientific research, the variable that is being tested and measured; it is expected to change as a result of variations in the independent variable.

Independent Variable

The variable that is changed or controlled in a scientific experiment to test the effects on the dependent variable.

Independent Variables

In experimental research, variables that are manipulated or controlled by the researcher to study their effect on dependent variables.