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Match each description to the appropriate cost flow assumption (a-c) .
-Never results in either the highest or lowest possible net income
Scatterplot
A graphical representation of individual data points plotted on a two-dimensional plane, often used to observe and analyze the relationship between two variables.
Least Squares Regression Line
A straight line that best fits the data on a scatter plot, minimizing the sum of the squares of the vertical distances of the points from the line.
Side-by-Side Bar Chart
A graphical display for comparing the frequency, count, or proportion of categories across different groups.
Pie Charts
A type of graph in which a circle is divided into sectors that each represent a proportion of the whole.
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