Regression analysis can be used to estimate the strength of the relationship between a cost and potential allocation bases for that cost.

Name: Regression analysis can be used to estimate the strength of the relationship between a cost and potential allocation bases for that cost.
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Regression analysis is a statistical method used to determine the strength and nature of the relationship between a dependent variable (such as cost) and one or more independent variables (potential allocation bases).

Regression Analysis Can Be Used to Estimate the Strength of the Relationship