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What is the relevant range of the model

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Reference no: EM132459438

Question 1. Run an OLS regression of A on B.

Question 2. Run an OLS regression of A on C.

Question 3. Run an OLS regression of A on D.

Question 4. Find the best cost driver for the cost of the Purchasing Department based on Q1, Q2, and Q3.

Question 5. What are your decision criteria?

Question 6. According to your regression model, what is the variable cost and the fixed cost of A?

Question 7. How much variations in A were explained by your regression model?

Question 8. What is the relevant range of your model?

Reference no: EM132459438

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