_____ is a method in which the cost analyst draws a straight line through a plot of all the available data.
A)Engineering analysis
B)Account analysis
C)The visual-fit method
D)The least-squares regression method

Question

Quizplus · Accepted Answer

The visual-fit method involves drawing a straight line through all available data points and visually analyzing the fit of the line to the data. This method is simple and easy to use, but has limited statistical validity compared to other methods such as the least-squares regression method.

_____ Is a Method in Which the Cost Analyst Draws