Page 184 - P1 Integrated Workbook STUDENT 2018
P. 184

Chapter 10










                  Example 4



                   Calculate and explain the coefficient of determination.


                   Solution

                                                      2
                   Coefficient of determination = 0.9  = 0.81
                   This means that 81% of the changes in cost are determined by the changes in
                   output levels.




                  Illustrations and further practice



                  Now try example 2 from Chapter 13.










































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