MULTIPLE REGRESSION Definition

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MULTIPLE REGRESSION of approximating cost is a statistical method that can be used to estimate a cost function when there is more than one independent variable.

Learn new Accounting Terms

NOMINAL INTEREST RATE is the stated, or named, interest rate in a note or contract; the nominal interest rate may differ from the true or effective interest rate. See EFFECTIVE INTEREST RATE.

DEFERRED EXPENSES see PREPAID EXPENSES.

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