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Author Question: The assumptions underlying the simple linear regression model are: a. the value of the dependent ... (Read 156 times)

yoroshambo

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on: Jul 1, 2018
The assumptions underlying the simple linear regression model are:
 a. the value of the dependent variable Y is postulated to be a random variable
  b. a theoretical straight-line relationship exists between X and the expected value of Y
  c. associated with each value of X is a probability distribution
  d. the disturbance term is assumed to be an independent random variable
  e. a through c
  f. b through d

Question 2

A cost center
 a. Records total costs of production
 b. Is rewarded for increasing the costs of producing a specified output
  c. Is rewarded for decreasing the costs of producing a specified output
  d. None of the above


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kilada

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Reply #1 on: Jul 1, 2018
Answer to Question 1

e

Answer to Question 2

c


yoroshambo

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Reply #2 on: Jul 1, 2018
Thank you


kilada

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Reply #3 on: Jul 1, 2018
No problemo


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