Which of the Following Is Not a Method of Estimating

question 66

Multiple Choice

Which of the following is not a method of estimating costs?

• A)Scattergraphs
• B)Bar charts
• C)The high-low method
• D)Regression analysis

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Definitions:

Scientific Method

A systematic and empirical method of investigation involving observation, hypothesis formation, experimentation, and conclusion to acquire or refine knowledge.

Democratic Revolution

A fundamental change in political power or organizational structures that occurs when the population revolts against the existing regime to establish a more democratic system.

Evidence

Information or facts presented to support or refute a claim, often used in legal contexts.

Speculative Way

Refers to approaches or methods based on conjecture without firm evidence, often used in investing, philosophy, or theoretical research.