Least-Squares Regression Method Definition
Least-Squares Regression Method Definition:
A method of separating a mixed cost into its fixed and variable elements by fitting a regression line that minimizes the sum of the squared errors.
Other Related Accounting Articles:
- Scatter Graph Method Definition
- High-Low Point Method Definition
- Adjusted R2 Definition
- High-Low Method
- Mixed Cost Definition
- Regression Line Definition
- Multiple Regression Definition
- Cost Structure Definition
- Transaction Error Rate
- Managerial or Management or Cost Accounting Terms and Definitions
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