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One Advantage That Regression Techniques Have Over Other Cost Estimation

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One advantage that regression techniques have over other cost estimation methods is it generates information that can be used to determine how well the estimated cost equation will predict future costs.


Definitions:

Fitness

The condition of being physically fit and healthy, often as a result of exercise and proper nutrition.

Reproduce

The biological process through which living entities create offspring, enabling the continuation of species.

Genetically Predisposed

means having an increased likelihood of developing a particular condition based on one's genetic makeup.

Evolutionary Psychology

A theoretical approach in psychology that explores how evolutionary principles help explain human psychological processes and behavior.

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