A disadvantage of regression analysis as a method of determining a cost function is:
A) it is time consuming
B) uses only two data points
C) mismeasures the cost function if data points come from more than one relevant range
D) all of the above are disadvantages

Question

Quizplus · Accepted Answer

Regression analysis can handle multiple data points, not just two, and while it can be time-consuming, the primary disadvantage mentioned is that it may mismeasure the cost function if the data points come from more than one relevant range. This is because regression analysis assumes a single linear relationship across all data points, which may not hold if the data spans different cost behavior ranges.

A Disadvantage of Regression Analysis as a Method of Determining