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Travel-related costs in an information technology-related project can be classified as _____.
Estimates
Approximations or predictions based on statistical data or models, often used to predict future events or understand past occurrences.
Conclusions
The judgments or decisions reached by reasoning, often seen as the end result of a research study or analysis.
Confidence Intervals
A collection of values, obtained through sample analysis, which is thought to include the value of an undetermined population variable.
Test Statistics
A standardized value that is calculated from sample data during a hypothesis test and is used to determine whether to reject the null hypothesis.
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