Which of the following cost-estimation methods uses a formal mathematical method to fit cost functions to past data and observations?
A)Industrial Engineering Method.
B)Conference Method.
C)Account Analysis Method.
D)Quantitative Analysis Method.
E)Work-Measurement Method.

Question

Quizplus · Accepted Answer

The Quantitative Analysis Method uses formal mathematical methods to fit cost functions to past data and observations. This method involves techniques such as regression analysis and correlation analysis.

Which of the Following Cost-Estimation Methods Uses a Formal Mathematical