SCATTERGRAPH METHOD
Scattergraph Method is used to estimate and budget for future costs. It employs the use of visual techniques on semi-variable expense also known as a mixed expenses to segregate the fixed and variable elements. The scattergraph is presented in a form of a geometric plane or graph where the x-axis or the horizontal line is the production activity while the y-axis or the vertical line is the cost. The plotted data will show dots on the graph that will show a regression line depicting the relationship between the mentioned variables.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | Aug | |
| 11:00 | Ifo Business Climate Index | Oct | |
| 11:00 | Ifo Current Assessment | Oct | |
| 11:00 | IFO - Expectations | Oct | |
| 13:00 | CBI retail sales volume balance | Oct | |
| 01:50 | Corporate Service Price Index | Sep | |
| 02:01 | BRC Shop Price Index | Oct | |
| 07:00 | BOJ Core CPI | Sep | |
| 10:00 | Unemployment Rate | 3 quarter |
