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With a small to medium size company, the high low analysis often results in more accurate cost function due to the following reason: a) The
With a small to medium size company, the high low analysis often results in more accurate cost function due to the following reason:
a) The high-low method is mathematically superior to regression analysis.
b) Regression analysis may contain bad data points that distort the cost function.
c) The high low method is easier for managment to understand.
d) None of the above
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