q19

Which of the following statements related to cost estimation methods is false? O a. The most complex method of cost estimation is the high-low method. O b. The least-squares regression method is the most accurate and reliable method to determine the cost behavior compared to scatter- graph plot and high-low methods. Oc None of the given answers. d. The low high method is used to derive an estimated line of cost behavior by graphically connecting the two cost amounts identified with the highest and lowest volume levels. The three methods determine a slope and an intercept