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Commerce · Q459

Costing

Graduate and Post Graduate · Commerce · question 459

Q459

An estimated coefficient, which indicates degree by which estimated values are affected by random factors is known as

A.
standard error of estimated coefficient
Answer
B.
weighted error of estimated coefficient
C.
average of estimated coefficient
D.
variance of estimated coefficient

Answer: Option A

Solution

Answer: Option A
Solution:
An estimated coefficient, which indicates degree by which estimated values are affected by random factors is known as standard error of estimated coefficient.