Which Cost Estimation Method Uses a Formal Mathematical Method to Develop

question 39

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:

Early-20th-Century

A term referring to the period from 1901 to 1945, marked by significant cultural, social, and political changes worldwide.

Italy

A country in Southern Europe, known for its significant contributions to art, architecture, fashion, cuisine, and Western culture.

Degenerate

Originally used in physical and biological contexts to describe decline or decrease in function, the term can also refer to moral or cultural decline.

Surrealist

Pertaining to Surrealism, a 20th-century avant-garde movement in art and literature that sought to release the creative potential of the unconscious mind.