Question Details

The slope of the line of regression


1) Which of the following statements shows a difference between simple regression and multiple regression?
A) Simple regression uses more than one dependent and independent variables, whereas multiple regression uses only one dependent and independent variable.
B) Simple regression uses only the independent variables, whereas multiple regression uses only dependent variables.
C) Simple regression uses only one dependent and one independent variable, whereas multiple regression uses one dependent and more than one independent variable.
D) Simple regression uses only one dependent variable and more than one independent variables, whereas multiple regression uses more than one dependent variable and only one independent variable.


2) The slope of the line of regression is the ________.
A) rate at which the dependent variable varies 
B) rate at which the independent variable varies 
C) difference between the fixed cost and variable cost associated with the cost driver
D) difference between actual cost and estimated cost for each observation of the cost driver




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