A Disadvantage of the Program Budget Format Is That It

question 6

True/False

A disadvantage of the program budget format is that it requires tracking time of all personnel by activity.

---

Definitions:

Line of Regression

A line that best fits the data points on a scatter plot, showing the relationship between an independent and a dependent variable.

Error of the Estimate

A measure of how much the observed data deviate from the fitted values in a regression analysis, often indicating the prediction error.

Standard Error

A measure that indicates the accuracy with which a sample represents a population.

Slope

The rate at which a line inclines or declines, calculated as the ratio of the vertical change to the horizontal change between two points on the line.