Question: (Appendix) A decision maker is interested in obtaining a cost estimate based on a regression equation. There are no problems with changes in prices. costs,

(Appendix) A decision maker is interested in obtaining a cost estimate based on a regression equation. There are no problems with changes in prices. costs, technology, or relationships between activity and cost. Only one variable is to be used. What caveats might be in order if a regression is prepared for this purpose?

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