High-low and regression cost estimation methods are alike in that they both:
A)Have an intercept term and a slope term.
B)Have an intercept term but not a slope term.
C)Have a slope term but not an intercept term.
D)Use all data points.
E)Use only a few selected data points.

Question

Quizplus · Accepted Answer

Both high-low and regression cost estimation methods involve an intercept term and a slope term. The high-low method uses just two selected data points (highest and lowest) whereas the regression method uses all available data points.

High-Low and Regression Cost Estimation Methods Are Alike in That