What Is an Advantage of Using the Scattergraph Method Over

Question 69
Multiple Choice

What is an advantage of using the scattergraph method over the high-low method to estimate costs? A) A cost analyst can review the data visually and eliminate outliers. B) It uses statistics to determine a "best fit" line through a set of data points. C) The cost formula can be determined simply by looking at two points of data. D) It provides a superior quality cost formulae because it relies on the objective judgement of the analysts.