14. CSO: 1A2a LOS: 1A2a
A company has accumulated data for the last 24 months in order to determine if there is
an independent variable that could be used to estimate shipping costs. Three possible
independent variables being considered are packages shipped, miles shipped, and pounds
shipped. The quantitative technique that should be used to determine whether any of
these independent variables might provide a good estimate for shipping costs is
a. flexible budgeting.
b. linear programming.
c. linear regression.
d. variable costing.
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