Question: The project manager is creating an estimate for building a house. It is a house similar to what he builds quite often. He is using

The project manager is creating an estimate for building a house. It is a house similar to what he builds quite often. He is using the rule of thumb of $350 per square foot to calculate the estimate. What type of estimate is this

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The quality of the argumentation

The status rule: We tend to have more confidence in information presented by someone who has a relatively high status and rank in society than by someone who hasnt.

The spatial rule: The closer spatial proximity we have to an event, the more importance we will attach to it.