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Author Question: Like the high-low method of estimating the fixed and variable components of a mixed cost, regression ... (Read 57 times)

warrenjean01

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Question 1

Regression is a more precise method of estimating the fixed and variable components of a mixed cost than the high-low method or a scattergraph.
◦ true
◦ false

Question 2

Like the high-low method of estimating the fixed and variable components of a mixed cost, regression analysis uses a statistical technique that identifies the line of best fit.
◦ true
◦ false


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Marked as best answer by warrenjean01 on Feb 5, 2023

nikspatel037

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warrenjean01

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


bitingbit

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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