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Business, 09.07.2019 00:40 princessbrebre4482

The high-low method ) measures the difference between actual cost and estimated cost for each observation of the cost driverb) calculates the standard deviation of residualsc) calculates the slope coefficient using only two observed values within the relevant range and their respective costsd) measures how well the predicted values, y, based on the cost driver, x, match actual cost observations

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