Obtaining regression estimates for cost estimation requires establishing the existence of a logical relation between activities and the cost to be estimated. Which of the following is not used to refer to the cost to be estimated?
A) left-hand side (LHS).
B) dependent variable.
C) Y term.
D) independent variable.

Question

Quizplus · Accepted Answer

The independent variable is not used to refer to the cost to be estimated; it refers to the variable that influences or predicts the cost, which is the dependent variable (also known as LHS or Y term).

Obtaining Regression Estimates for Cost Estimation Requires Establishing the Existence