Regression analysis is a superior statistical method to the high-low method because it utilises all data when determining the line of best fit.

Question

Quizplus · Accepted Answer

Regression analysis takes into account all available data to determine the relationship between variables and the line of best fit, whereas the high-low method only looks at the highest and lowest data points. Therefore, regression analysis is generally considered to be a more accurate and reliable method for determining the relationship between variables.

Regression Analysis Is a Superior Statistical Method to the High-Low