Which of the Following Statements Is Not True

question 10

Multiple Choice

Which of the following statements is not true?

• A)The high-low method is a non-statistical method; regression analysis is a statistical method.
• B)The high-low method and regression analysis use only two observations to estimate fixed and variable costs.
• C)The mechanics of regression analysis are complex; the mechanics of the high-low method are simple.
• D)Both A and B are untrue.
• E)A, B and C are untrue.

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