What advantages does using regression analysis have


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Instructions

Upon completion of the Required Readings, write a thorough, well-planned narrative answer to the following discussion question. Rely on your Required Readings and the Lecture and Research Update for specific information to answer the discussion question, but turn to your original thoughts when asked to apply, evaluate, analyze, or synthesize the information. Your Discussion Question responses should be both grammatically and mechanically correct and formatted in the same fashion as the questions themselves.

• Mixed Costs And The Sales Force

Wysocki Company Pays Its Sales Force A Fixed Salary Plus A 5 Commission On All Sales Explain Why Sales Force Costs Would Be Considered A Mixed Cost

• Committed and Discretionary fixed costs in manufacturing

Among the fixed cost of Howarth company are depreciation and research and development (R&D). Using these two costs as examples, explain the difference between committed and discretionary fixed costs.

• Cost Functions and Decision Making

Why is it important that decision makers in corporation know the cost function for producing the companies' products?

• Statistical Analysis and Cost Functions

What advantages does using regression analysis have over the visual-fit method for determining costs functions?

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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