The high-low,visual-fit and least squares regression methods are more objective methods to estimate cost functions than ________ and ________.
A) activity analysis; account analysis
B) activity analysis; engineering analysis
C) account analysis; engineering analysis
D) capacity analysis; activity analysis

Question

Quizplus · Accepted Answer

The high-low, visual-fit, and least squares regression methods are all quantitative and mathematical methods to estimate cost functions, while activity analysis and account analysis are more subjective and rely on expert opinions and judgments. Engineering analysis may also involve expert opinions, so it is not a more objective method compared to the three listed. Capacity analysis is not directly related to estimating cost functions, so it is not a valid option. Therefore, option C, account analysis, and engineering analysis are the two methods that are less objective and less quantitative.

The High-Low,visual-Fit and Least Squares Regression Methods Are More Objective