Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Coefficient of Determination (r2)
If the regression line calculated by the least square method were to fit the actual observations perfectly, then all observed points would lie on the regression line. The coefficient of determination, r2, explains the amount of variation in Y which is explained by the introduction of X in the model. A perfect linear relationship between X and Y would result in r2 being equal to 1.r2 = (explained variation)/(Total variation) = [∑(Y - ý)2] / [∑ (Y- ý)2]
Where:
ý is the mean value of Y For computation purposes r2 can be given byr2 = (n ∑ xy - ∑ x ∑x)2 [n ∑x2 -( ∑x)2] [n ∑y2 – (∑y)2]
RELEVANT COSTS FOR NON-ROUTINE DECISIONS A relevant cost is a cost that is appropriate to a specific management decision. To be relevant, a cost should be: 1) Future cost
Explain Activities uses through activities based costing In order to correctly associate costs with products and services. ABC assigns cost to activities based on their use of
What value can management derive from a Balance Scorecard? How does the management accountant contribute?
What are the duties of the Public Company Accounting Oversight Board?
What is the Responsibility of operating budget when the operating budget of a firm is constructed in terms of responsibility areas it is called the responsibility budget shows
Tom Emory and Jim Morris strolled back to their plant from the administrative offices of Ferguson & Son Manufacturing Company. Tom is manager of the machine shop in the company''s
Suppose the consumer is at coffee shop 2. Coffee shop 2 provides unlimited cups of coffee for the price of $9.00 per day. - How many cups would she drink a day and how much woul
Advantages of activity based costing 1) It helps understanding the behavior of overhead costs and their relations ship to products services customers and market segments. 2)
The current sales of M/s ABC are Rs.100 lakhs. Through relaxing the credit standards the firm can produce additional sales of Rs.15 lakhs on that bad debt losses would be 10 percen
areas where zero based budgeting can be effectively used?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd