The high-low method is criticized because it
A) is not a graphical method.
B) is a mathematical method.
C) ignores much of the available data by concentrating on only the extreme points.
D) doesn't provide reasonable estimates.

Question

Quizplus · Accepted Answer

The high-low method only uses the highest and lowest points to estimate costs, ignoring the additional data points that may provide a more accurate estimate. Therefore, it is criticized for ignoring much of the available data.

The High-Low Method Is Criticized Because It