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March 17 task 1.4 Linear Regression y = a+bx

HolliekHolliek Posts: 2Registered
in Management Accounting: Decisions and Control
could someone explain the y = a +bx methodology to me? Both tasks question 4 have the same question with different figures
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  • luciedriverluciedriver Posts: 32Registered
    A = Fixed Element
    B = Variable Element

    So it's purely the high / low method to get the answer.. try it out

    Hope this helps :)
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