A major disadvantage of the high-low method of analyzing cost behavior is: Group...
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A major disadvantage of the highlow method of analyzing cost behavior is: Group of answer choices It bases its solution on only two possibly extreme observations, rather than all of the data points. It results in its analyzed cost being treated as either fixed or variable, based on which type of behavior it more closely resembles. Two persons could draw different lines through the data points. It enables nonrepresentative points, called outliers, to be identified.
A major disadvantage of the highlow method of analyzing cost behavior is:
Group of answer choices
It bases its solution on only two possibly extreme observations, rather than all of the data points.
It results in its analyzed cost being treated as either fixed or variable, based on which type of behavior it more closely resembles.
Two persons could draw different lines through the data points.
It enables nonrepresentative points, called outliers, to be identified.
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