Which of the Following Is the Simplest Method for Estimating

question 116

Multiple Choice

Which of the following is the simplest method for estimating the fixed and variable components of a mixed cost?

• A)Regression analysis
• B)Scattergraphs
• C)The high-low method
• D)Break-even analysis

---

Definitions:

Line Chart

A graphical representation of data where individual data points connected by straight lines show trends or changes over time.

Scatter Diagram

A graphical representation that uses Cartesian coordinates to display values for two variables for a set of data, showing the relationship between them.

Discrete Data

Data that can only take specific values within a given range, often representing countable items or categories.

Continuous Data

Data that can take any value within a given range or interval and can be measured with arbitrary precision.