Which of the following statements is incorrect? pg85 Regression analysis is sometimes referred to as the method

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Which of the following statements is incorrect? pg85 Regression analysis is sometimes referred to as the method of least squares.

The coefficient of correlation may have a value between — | and 1.

The coefficient of determination may have a value between — | and |.

d The high-low method of estimating a relationship is inferior to the regression method.
e In an estimated regression, there will generally be an observed error term.

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Cost Accounting Concepts And Applications For Managerial Decision Making

ISBN: 9780070103108

2nd Edition

Authors: Ralph S. Polimeni, James A. Cashin, Frank J. Fabozzi, Arthur H. Adelberg

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