Question: What common sense critena should be applied to statistical analysis when evaluating cost drivers using regression analysis? A . the Durbin - Watson statistic B
What common sense critena should be applied to statistical analysis when evaluating cost drivers using regression analysis?
A the DurbinWatson statistic
B economic plausibility
C the significance of the difference between the costs associated with the highest and lowest observations of the cost driver
D goodness of fit
E the significance of the difference between the unit values for the highest and lowest observations of the cost driver
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