Which Estimating Technique Uses a Statistical Relationship Between Historical Data

question 14

Multiple Choice

Which estimating technique uses a statistical relationship between historical data and other variables (e.g.,square footage in construction,lines of code in software development) to calculate an estimate for scope,cost and duration? 

• A) analogous estimating 
• B) parametric estimating 
• C) bottom-up estimating 
• D) Monte Carlo estimating

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Definitions:

Courageousness

The quality of being brave and facing challenges without being deterred by fear.

Accurate Judgment

The ability to make assessments or decisions that closely reflect reality or the true state of affairs, often based on critical thinking and fact evaluation.

Irritated Eyes

A condition characterized by discomfort or pain in the eyes, often accompanied by redness, itching, or watering.

Painfully Shy

Describes an extreme form of shyness characterized by significant discomfort and anxiety in social situations, often leading to avoidance of such situations.