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 them 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

Once the individual points have been plotted on a scattergraph, the best choice is to draw a line through them to estimate the cost relationship. This will give a clearer picture of the correlation between the variables and help to make predictions or decisions based on the data. A statistical calculator may be used for further analysis, but drawing a line through the points is the first step in analyzing the relationship between the variables. Counting the points and dividing by the variable cost per or multiplying the high point by the variable cost per are not appropriate methods for analyzing a scattergraph.

On a Scattergraph,once the Individual Points Have Been Plotted