Which of the Following Is an Advantage of Using the Scatter-Graph

Multiple Choice

Which of the following is an advantage of using the scatter-graph method over the high-low method to estimate costs?

A) It is a statistical method to determine "best fit".
B) A cost analyst can review the data visually and eliminate outliers.
C) The quality of the cost formula relies on the objective judgment of the analysts.
D) The cost formula can be determined simply by looking at two points of data.