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High-Low Method
A technique used to estimate variable and fixed components of a cost by analyzing the highest and lowest activity levels.
Least-Squares Regression
A statistical method used to determine the line of best fit by minimizing the sum of the squares of the differences between observed values and those predicted by the line.
Scattergraph
A graphical representation that plots individual data points, often used to identify trends or correlations in data analysis.
Least Square Regression
A statistical method used to determine the line of best fit by minimizing the squared differences between observed values and the values predicted by the line.
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