Accession Number : AD0606334
Title : COST FINDING THROUGH MULTIPLE CORRELATION ANALYSIS,
Corporate Author : RAND CORP SANTA MONICA CALIF
Personal Author(s) : McClenon,Paul R.
Report Date : AUG 1962
Pagination or Media Count : 1
Abstract : Multiple correlation analysis will not seriously compete with established costing practices, but under some circumstances will prove useful for developing cost estimates not determinable by other means. This paper presents a simple example in order to give accountants a glimpse of the technique and to enable them to recognize potential applications. Consultation with a statistician or a good textbook is urged.
Descriptors : (*COSTS, STATISTICAL ANALYSIS), (*STATISTICAL ANALYSIS, COSTS), CORRELATION TECHNIQUES, OPERATIONS RESEARCH, MANAGEMENT PLANNING AND CONTROL, DECISION MAKING
Distribution Statement : APPROVED FOR PUBLIC RELEASE