The major disadvantage of the high-low method is that:
A) It uses the two most extreme data points in determining a cost function
B) It is difficult to calculate
C) It is difficult to understand
D) It involves more judgmental factors than do other methods

Question

Quizplus · Accepted Answer

The major disadvantage of the high-low method is that it uses only the two most extreme data points in determining a cost function, which can lead to inaccuracies if those points are not representative of the overall data set.

The Major Disadvantage of the High-Low Method Is That