Which of the following statements related to cost estimation methods is false?a. The three methods determine a slope and an intercept.b. The most complex method of cost estimation is the high-low method.C. None of the given answers.d. The least-squares regression method is the most accurate and reliable method to decompared to scatter-graph plot and high-low methods.The low-high method is LUsed to derive an estimated line of cost hehavior hy granhicalpe here to searchhp10&7V#34568RY192.

Cost estimation accounts for each of the element being required for the project and in turn…

Which of the following statements related to cost estimation methods is false? a. The three methods determine a slope and an intercept. O b. The most complex method of cost estimation is the high-low method. O c. None of the given answers. O d. The least-squares regression method is the most accurate and reliable method to d compared to scatter-graph plot and high-low methods.

Which of the following statements related to cost estimation methods is false? a. The three methods determine a slope and an intercept. O b. The most complex method of cost estimation is the high-low method. O c. None of the given answers. O d. The least-squares regression method is the most accurate and reliable method to d compared to scatter-graph plot and high-low methods.

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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