The cost equation determined by regression analysis is usually more accurate than the line determined by the high-low method.

Name: The cost equation determined by regression analysis is usually more accurate than the line determined by the high-low method.
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Quizplus · Accepted Answer

Regression analysis uses all data points to determine the cost equation, while the high-low method only uses the two extreme data points. Therefore, the cost equation determined by regression analysis is usually more accurate.

The Cost Equation Determined by Regression Analysis Is Usually More