The regression method
A) uses only two actual data points to estimate a cost line.
B) can estimate a cost line but cannot separate total costs into variable and fixed costs.
C) uses every point in a data set to create a straight-line equation to estimate future costs.
D) uses the same methodology as the high-low method.

Question

Quizplus · Accepted Answer

The regression method uses all data points in a dataset to create a straight-line equation, which helps in estimating future costs by analyzing the relationship between variables.

The Regression Method