Other types of variables

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Mr. Banks knows that line maintenance expense varies with company size, and he wants to use the latter to predict the former. Based on YOUR EXPERIENCE, what are some of the issues that he might face when trying to MEASURE these variables?

How might the measurement of size be improved?

Elucidate what other types of variables should be considered when determining what is reasonable in terms of maintenance expense?

 

Reference no: EM138132

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