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Commerce · Q375

Costing

Graduate and Post Graduate · Commerce · question 375

Q375

Deviations between estimated regression line and vertical deviations are classified as

A.
fixed terms
B.
indexed terms
C.
variable terms
D.
residual terms
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Deviations between estimated regression line and vertical deviations are classified as residual terms.