All of the following statements are false regarding the scattergraph method except:
A)The scattergraph method only considers outlier points.
B)The scattergraph method allows for review of all data points.
C)The final cost equation using this method is not based on estimates.
D)The scattergraph method yields less accurate results than the high-low method.
E)None of the answer choices is correct.

Question

Quizplus · Accepted Answer

The scattergraph method involves plotting all data points on a graph to visually inspect the relationship between cost and activity levels, allowing for review of all data points, unlike what is suggested in the other options.

All of the Following Statements Are False Regarding the Scattergraph