regression analysis definition
A statistical tool that uses the least-squares method to estimate the fixed and variable components of mixed costs.
A statistical tool that uses the least-squares method to estimate the fixed and variable components of mixed costs.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.