Extending the length of a time period in cost estimation will result in:
A) Fewer recording lags or cut-off errors.
B) Confounding data.
C) Increasing the explanatory power of the data.
D) Better results because more data is being used.
E) More recording lags or cut-off errors.

Question

Quizplus · Accepted Answer

Extending the length of a time period in cost estimation can reduce recording lags or cut-off errors because it allows for a more comprehensive capture of data over time, smoothing out anomalies and timing discrepancies.

Extending the Length of a Time Period in Cost Estimation