Which Characteristic Is True of the Scatter Graph Method, High-Low

question 10

Multiple Choice

Which characteristic is true of the scatter graph method, high-low method, and regression analysis?

• A) All methods will produce the same estimate of variable and fixed costs.
• B) All methods use historic data to estimate variable and fixed costs.
• C) All methods use only two data points in analyzing a mixed cost.
• D) None of these is true.

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Definitions:

Identical Elements

Elements that are exactly the same in type, nature, or quantity.

Far Transfer

The ability to apply learned skills and knowledge in situations that are significantly different from those in which the skills or knowledge were originally learned.

Work Environment

The setting, conditions, and culture in which an individual performs their job duties.

Baldwin and Ford

Researchers known for their model on the transfer of training, emphasizing the importance of learner characteristics, training design, and work environment.