Cost estimates using regression analysis are always more accurate and dependable than cost estimates using the scattergraph methods.

Name: Cost estimates using regression analysis are always more accurate and dependable than cost estimates using the scattergraph methods.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Regression analysis can provide more precise estimates by considering multiple variables, but it is not always more accurate or dependable than scattergraph methods, which can be simpler and more intuitive for certain datasets.

Cost Estimates Using Regression Analysis Are Always More Accurate and Dependable