The high low method is useful when there are limited data points to observe.

Name: The high low method is useful when there are limited data points to observe.
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Quizplus · Accepted Answer

The high-low method is particularly useful in situations where there are limited data points because it simplifies the analysis by focusing on only two points: the highest and the lowest. This makes it easier to estimate fixed and variable costs when detailed information is scarce.

The High Low Method Is Useful When There Are Limited