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Which of the following is not true regarding the high - low method? Ine high low method can provide an estimate of a company's cost
Which of the following is not true regarding the highlow method?
Ine high low method can provide an estimate of
a company's cost structure
The high low method can be used to predict
future costs
High low method estimates are often altered by
the addition of a new data point
The high low method is highly sensitive to
outliers when the outliers are the high or low
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