Which Cost Estimation Method Uses a Formal Mathematical Method to Develop

question 136

Multiple Choice

Which cost estimation method uses a formal mathematical method to develop cost functions based on past data?

• A)the account analysis method
• B)the conference method
• C)the industrial engineering method
• D)the quantitative analysis method

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Definitions:

Vladimir Lenin

A Russian revolutionary leader and politician who was a key figure in the October Revolution of 1917, subsequently leading the Soviet State and founding the ideology of Leninism.

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The policy or stance of the United States regarding its non-involvement or impartiality in the conflicts and wars between other nations, particularly notable in the early 20th century.

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The 26th President of the United States (1901–1909), known for his progressive policies and conservation efforts.

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