__________ relies on well-known statistical correlations between various factors such as the total cost of a house relative to the square feet of living area.
A)Parametric estimating
B)Statistical equivalence
C)Bottom-up estimating
D)Top-down estimating

Question

Quizplus · Accepted Answer

Parametric estimating uses statistical correlations between different factors to estimate the cost of a project. In this case, the cost of a house is estimated based on its square footage, which is a known correlation. Therefore, parametric estimating is the best choice.

__________ Relies on Well-Known Statistical Correlations Between Various Factors Such