Which of the Following Is an Advantage of Using the Scattergraph

question 82

Multiple Choice

Which of the following is an advantage of using the scattergraph method over the high-low method to estimate costs?

• A)It utilizes statistics to determine the "best fit."
• B)A cost analyst can review the data visually and eliminate outliers.
• C)It provides a superior quality cost formulae because it relies on the objective judgement of the analysts.
• D)The cost formula can be determined simply by looking at two points of data.

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Definitions:

Population Proportion Attributable Risk

The proportion of incidents in the population that are due to the risk factor, helping in understanding the public health impact of the factor.

Cohort Study

A research method that follows a group of people over time to study their exposures and the subsequent outcomes.

Myocardial Infarction

Also known as a heart attack, it occurs when blood flow to a part of the heart is blocked for a long enough time that part of the heart muscle is damaged or dies.

Smokers

Individuals who habitually use tobacco products, especially cigarettes.