When analyzing a mixed cost,you should always plot the data in a scattergraph,but it is particularly important to check the data visually on a scattergraph when the R2 is very high.

Question

Quizplus · Accepted Answer

It is important to plot the data in a scattergraph when analyzing a mixed cost, but the significance of checking the data visually on a scattergraph does not depend on the value of R2. Checking the data visually on a scattergraph is important to determine the pattern of the data points and to identify any outliers or other patterns that may affect the analysis, regardless of the R2 value.

When Analyzing a Mixed Cost,you Should Always Plot the Data