Examlex
_____ states that the just noticeable difference of a stimulus is a constant proportion despite variations in intensity.
Cost Driver
A factor that causes a change in the cost of an activity or process, used to assign costs based on actual consumption of resources.
Learning Curve Percentage
The rate at which productivity improves as a result of increased efficiency and skill gained from repeated tasks.
Outlier
An outlier is a data point that differs significantly from other observations in a dataset, potentially due to variability in the measurement or it may indicate an experimental error.
Cost Estimation Process
The methodological approach to projecting the potential costs associated with a project or production, based on historical data and project specifications.
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