Scatter Graph Method Definition
Scatter Graph Method Definition:
A method of separating a mixed cost into its fixed and variable elements. Under this method, a regression line is fitted to an array of plotted points by drawing a line with a straight-edge.
Other Related Accounting Articles:
- Least-Squares Regression Method Definition
- Regression Line Definition
- High-Low Point Method Definition
- High-Low Method
- Mixed Cost Definition
- Depreciation: Straight Line Biases
- Managerial or Management or Cost Accounting Terms and Definitions
- Multiple Regression Definition
- Adjusted R2 Definition
- Optional Straight Line Method Definition
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