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There Are Only Two Methods to Derive an Estimated Line

question 151

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There are only two methods to derive an estimated line of cost behavior; the high-low method and the scatter diagram.


Definitions:

Mortality

The rate at which individuals die; the average per capita death rate.

Emigration

The movement of individuals out of a population. Compare with immigration.

Offspring

A new life form created through the reproductive process, originating from one or more progenitors.

Independently

Acting or capable of acting without dependence on others; self-sufficiently.

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