Q399
High-low method is used for estimation of
A.
linear coefficient
B.
cost coefficient
C.
slope coefficient
AnswerD.
price coefficient
Answer: Option C
Solution
Answer: Option C
Solution:
High-low method is used for estimation of slope coefficient. The slope coefficient usually refers to the coefficient of any independent variable, x, in a regression equation. It tells the amount of change in y that can be expected to result from a unit increase in x.