On a scattergraph, once the individual points have been plotted,
A)enter the information into a statistical calculator to calculate the total cost.
B)count the points and divide by variable cost per unit.
C)draw a line through the points to estimate the cost relationship.
D)multiply the high point by the variable cost per unit to calculate the total cost.

Question

Quizplus · Accepted Answer

Drawing a line through the points on a scattergraph helps to estimate the relationship between the variables being plotted, in this case, cost and units. It allows you to more accurately determine the total cost at any given point along the line. Entering the information into a statistical calculator or multiplying the high point by the variable cost per unit may not provide an accurate estimate of total cost. Counting the points and dividing by variable cost per unit is not relevant to estimating the cost relationship on a scattergraph.

On a Scattergraph, Once the Individual Points Have Been Plotted