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Two Common Forms of Quantitative Analysis Methods of Cost Estimation

question 186

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Two common forms of quantitative analysis methods of cost estimation are the high-low method and regression analysis.


Definitions:

Projection

A defense mechanism where individuals attribute their own unacceptable thoughts, feelings, and motives to another person.

Self-Awareness

The ability to understand our emotions and their impact on us and others.

Empathy

The ability to understand and share the feelings of others, often leading to supportive and compassionate behavior.

Attribution Theory

A psychological concept that explains how individuals deduce the causes of their own and others' behavior.

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