Which Method Can Be Used to Estimate the Cost Function

question 35

Multiple Choice

Which method can be used to estimate the cost function?

• A)high-low method
• B)scatterplot method
• C)method of least squares
• D)all of the above can be used to estimate the cost function

---

Definitions:

Experimental Research

A research method that investigates causal relationships by manipulating one variable to see its effect on another, under controlled conditions.

Independent Variable

The variable that is manipulated in an experiment to test its effects on the dependent variable.

Dependent Variable

A variable in an experiment that is expected to change in response to manipulations of the independent variable.

Correlational Study

A research methodology that examines the relationship or association between two or more variables without determining causal direction.