Which method can be used to estimate the cost function?
A)high-low method
B)scatterplot method
C)method of least squares
D)all of the above can be used to estimate the cost function

Question

Quizplus · Accepted Answer

All of the methods listed - high-low method, scatterplot method, and method of least squares - are commonly used techniques for estimating the cost function in accounting and finance. Each method has its own approach to analyzing the relationship between cost and activity levels to help in predicting future costs.

Which Method Can Be Used to Estimate the Cost Function