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 |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Mar | |
| 04:00 | Fixed Asset Investment | Feb | |
| 04:00 | Industrial production | Feb | |
| 04:00 | Retail Sales | Feb | |
| 04:00 | Unemployment Rate | Feb | |
| 04:00 | NBS Press Conference | ||
| 14:15 | Housing Starts | Feb | |
| 14:30 | Consumer Price Index | Feb | |
| 14:30 | Consumer Price Index Core | Feb |
