Hard Data from Specific Activities Carried Out on Previous Projects

question 10

Multiple Choice

Hard data from specific activities carried out on previous projects that may be used to more accurately estimate resource needs is called:

• A)expert judgment.
• B)bottom- up estimating.
• C)alternatives analysis.
• D)published estimating data.

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Definitions:

Time Series

A series of data points gathered or documented at consecutive time periods.

Nominal

Nominal refers to data that is categorized without a natural order or rank, simply identifying different types based on names or labels.

Ethnicity

Ethnicity refers to the social group a person belongs to, and identifies with, often based on cultural, religious, or national characteristics.

Interval Data

A type of data where the order of the data points is significant and the distance between them is equal and meaningful; however, it does not have a true zero point.