Which of the following tools is not associated with cost estimation?
A) Least-squares regression.
B) Multiple regression.
C) Inversion equations.
D) Time and motion (engineering) studies.
E) Learning curves.

Question

Quizplus · Accepted Answer

Inversion equations are not typically associated with cost estimation. Cost estimation often involves techniques that predict the cost of a project or product based on various factors and historical data. Least-squares regression, multiple regression, time and motion studies, and learning curves are all methods used to estimate costs by analyzing past performance and predicting future costs. Inversion equations, on the other hand, are mathematical tools used to solve for unknown variables in equations, and they do not directly relate to the process of cost estimation.

Which of the Following Tools Is Not Associated with Cost