What affect does an outlier have on the high-low method


ABC Airlines has calculated the total costs (fixed and variable) for the passenger service flights between Los Angeles, California and Orlando, Florida. The two methods used were the high-low method and the least squared method. Compare and contrast these two methods. Which one is the most reliable? What affect does an outlier have on the high-low method? Which method would you recommend to ABC?

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Accounting Basics: What affect does an outlier have on the high-low method
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