Regression analysis is better than the high-low method of cost estimation because regression analysis: Select one: O a. Can provide greater precision and reliability. O b. Fits data into a mathematical equation. O c. Less complicated d. uses the highest and the lowest activity volumes XYZ company is studying the profitability of a change in operation and has gathered the following information. Current Operation: Fixed Costs: $38,000, Selling Price: $16, Variable Cost: $10, and Sales (Units): 9,000. Anticipated Operation: Fixed Costs: $48,000, Selling Price: $22, Variable Cost: $10, and Sales (Units): 6,000. Should XYZ company make the change? Select one: a. It is impossible to judge because additional information is needed. b. Yes, the company will be better off by $8,000. c. No, because sales will drop by 3,000 units. O d. No, because the company will be worse off by $24,000. e. No, because the company will be worse off by $8,000