An advantage of using regression analysis over the high-low and scattergraph methods is that
A)regression analysis is less costly to implement than high-low or scattergraph methods.
B)regression analysis is a more precise approach than the high-low or scattergraph methods.
C)both regression analysis is less costly to implement than high-low or scattergraph methods and is a more precise approach than the high-low or scattergraph methods.
D)neither regression analysis is less costly to implement than high-low or scattergraph methods or is a more precise approach than the high-low or scattergraph methods.

Question

Quizplus · Accepted Answer

Regression analysis is a more precise approach than the high-low or scattergraph methods. While it may not necessarily be less costly to implement, the increased precision and accuracy make it a superior choice for analyzing data and making informed decisions.

An Advantage of Using Regression Analysis Over the High-Low and Scattergraph