Managerial Accounting, Student Value Edition Plus New Myaccountinglab With Pearson Etext -- Access Card Package (4th Edition) By Braun, Karen W., Tietz, Wendy M. (2014) Loose Leaf
4th Edition
ISBN: 9781323028780
Author: Karen Braun And Wendy Tietz
Publisher: Pearson Education Company
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Question
Chapter 6, Problem 6.12SE
1.
To determine
To explain: The method (high-low method or regression analysis) which result in more accurate cost equation for the data pictured in the scatterplot.
2.
To determine
To provide: Interpretation of the given R-square of the hotel in light of the lowest and highest possible R-square values.
3.
To determine
To explain: Whether predicting the utilities costs for other room-night volumes within the same relevant range is right or not from the management point of view.
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In the learning curve equation Y = aXb, the Y term represents:
Multiple Choice
the cumulative number of units.
the labor time required to produce the first unit.
the index of learning.
the labor time required to produce the last single unit.
Assume there are 3,600 cases in the validation dataset, and 12% of these cases have a value of 1 for
churn (the primary/positive event). Questions a) to c) are based on data for the 3,600 cases (see
table below).
Depth
(% Contacted)
Model
Cumulative Gain
Cumulative Lift
Decision Tree
34.42
6.84
Logistic Regression
Neural Network
20.19
4.01
34.62
6.88
Decision Tree
Logistic Regression
Neural Network
10
64.90
6.06
10
36.06
3.15
10
62.50
5.54
Decision Tree
15
73.96
1.82
Logistic Regression
Neural Network
15
49.04
2.62
15
82.21
3.97
Decision Tree
Logistic Regression
20
78.39
0.87
20
59.13
2.01
Neural Network
20
86.54
0.86
a) Which model has the highest Cumulative Lift at a depth of 20%? What is the lift?
b) If the Cumulative Gain at a depth of 10% for the Decision Tree is converted to number of
primary/positive event cases, what will be the number of cases? Show your calculation.
c) If the Cumulative Gain at a depth of 15% for the Neural Network model is converted to number
of…
Define learning curve. Outline two models that can be used when incorporating learning into the estimation of cost functions.
Chapter 6 Solutions
Managerial Accounting, Student Value Edition Plus New Myaccountinglab With Pearson Etext -- Access Card Package (4th Edition) By Braun, Karen W., Tietz, Wendy M. (2014) Loose Leaf
Ch. 6 - Prob. 1QCCh. 6 - Prob. 2QCCh. 6 - Prob. 3QCCh. 6 - Prob. 4QCCh. 6 - Prob. 5QCCh. 6 - Prob. 6QCCh. 6 - Prob. 7QCCh. 6 - 8. (Learning Objective 5) Which of the following...Ch. 6 - Prob. 9QCCh. 6 - Prob. 10QC
Ch. 6 - S6-1 Identify cost behavior (Learning Objective...Ch. 6 - Prob. 6.2SECh. 6 - Prob. 6.3SECh. 6 - Prob. 6.4SECh. 6 - S6-5 Classify cost behavior (Learning Objective...Ch. 6 - Prob. 6.6SECh. 6 - Prob. 6.7SECh. 6 - Prob. 6.8SECh. 6 - Prob. 6.9SECh. 6 - Prob. 6.10SECh. 6 - Prob. 6.11SECh. 6 - Prob. 6.12SECh. 6 - Prob. 6.13SECh. 6 - Prob. 6.14SECh. 6 - Prob. 6.15SECh. 6 - Prob. 6.16SECh. 6 - Prob. 6.17SECh. 6 - Prob. 6.18SECh. 6 - Prob. 6.19SECh. 6 - Prob. 6.20SECh. 6 - Prob. 6.21AECh. 6 - Prob. 6.22AECh. 6 - Prob. 6.23AECh. 6 - Prob. 6.24AECh. 6 - Prob. 6.25AECh. 6 - Prob. 6.26AECh. 6 - Prob. 6.27AECh. 6 - Prob. 6.28AECh. 6 - Prob. 6.29AECh. 6 - Prob. 6.30AECh. 6 - Prob. 6.31AECh. 6 - Prob. 6.32AECh. 6 - Prob. 6.33AECh. 6 - Prob. 6.34AECh. 6 - Prob. 6.35AECh. 6 - Prob. 6.36AECh. 6 - Prob. 6.37AECh. 6 - Prob. 6.38AECh. 6 - Prob. 6.39AECh. 6 - Prob. 6.40BECh. 6 - Prob. 6.41BECh. 6 - Prob. 6.42BECh. 6 - Prob. 6.43BECh. 6 - Prob. 6.44BECh. 6 - Prob. 6.45BECh. 6 - Prob. 6.46BECh. 6 - Prob. 6.47BECh. 6 - Prob. 6.48BECh. 6 - Prob. 6.49BECh. 6 - Prob. 6.50BECh. 6 - Prob. 6.51BECh. 6 - Prob. 6.52BECh. 6 - Prob. 6.53BECh. 6 - Prob. 6.54BECh. 6 - Prob. 6.55BECh. 6 - Prob. 6.56BECh. 6 - Prob. 6.57BECh. 6 - Prob. 6.58BECh. 6 - P6-59A Analyze cost behavior at a hospital using...Ch. 6 - Prob. 6.60APCh. 6 - Prob. 6.61APCh. 6 - Prob. 6.62APCh. 6 - P6-63A Absorption and variable costing income...Ch. 6 - P6 -64B Analyze cost behavior at a hospital using...Ch. 6 - Prob. 6.65BPCh. 6 - Prob. 6.66BPCh. 6 - Prob. 6.67BPCh. 6 - Prob. 6.68BPCh. 6 - Cost Behavior in Real Companies Choose a company...Ch. 6 - A6-71 Ethics of building inventory (Learning...Ch. 6 - Prob. 6.72ACT
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