Question: While developing individual costs estimates for work packages on your project, you use a technique that requires you to use a statistical relationship between historical
While developing individual costs estimates for work packages on your project, you use a technique that requires you to use a statistical relationship between historical data and other variables to calculate a cost estimate for a schedule activity resource. What is this estimating technique more commonly referred to as?
A: Statistical estimating B: Bottom-up estimating C: Parametric estimating D: Top-down estimating
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