Accounting · Cost Accounting
The following statements relate to the advantages that linear regression analysis has over the high-low method in the analysis of cost behaviour: 1. The reliability of the analysis can be statistically tested. 2. It takes into account all of the available data points. 3. It assumes linear cost behaviour. Which of the above statements are TRUE?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 only
- 21 and 2 only✓
- 32 and 3 only
- 41, 2 and 3
Correct answer
1 and 2 only
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