The Scatterplot Method of Cost Estimation

question 21

Multiple Choice

The scatterplot method of cost estimation

• A)is influenced by extreme observations.
• B)requires the use of judgment.
• C)uses the least-squares method.
• D)is superior to other methods in its ability to distinguish between discretionary and committed fixed costs.

---

Definitions:

Hydrocarbon Alkane

Saturated hydrocarbons consisting only of single bonds between carbon atoms, with a general formula of CnH2n+2.

Carbon Atoms

The core building blocks of organic molecules, consisting of six protons, six neutrons, and six electrons.

Structure

Refers to the arrangement of atoms or molecules in a substance, determining its chemical composition and properties.

Aromatic Hydrocarbons

Compounds that contain one or more benzene rings, noted for their stability and aromaticity.