This is a multiselect question, at least one answer is correct, but select ALL of the correct answers.

Cost estimates that are based on real numbers or figures after completion of prelimary design work are called parametric estimates

An order of magnitude estimate is used when there isn't a lot of information or time

Taking the design for a new house and comparing it to a previous design but adjusting it $3\%$ because it's more complex, and then reducing it by $5\%$ because it's a bit smaller is a analogous estimate.Question $5(1$ point$)$

When working on a complex project, a PMBOK definitive estimate $(-\frac{5}{+}10)$ was

used to come up with the estimate of $$770.$ What would be the dollar value of the

low end range of the estimate?

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