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The principal advantage of the scatter diagram method over high-low method of cost estimation is that the scatter diagram method a includes cost outs de the relevant range b. Considers more than two points C Can be used with more types of costs than the high-low method a. Gives a precise mathematical fit of the points to the line

The principal advantage of the scatter diagram method over high-low method of cost estimation is that the scatter diagram method a includes cost outs de the relevant range b. Considers more than two points C Can be used with more types of costs than the high-low method a. Gives a precise mathematical fit of the points to the line

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The principal advantage of the scatter diagram method over high-low method of cost estimation is that the scatter diagram method a. Includes cost outside the relevant range b. Considers more than two points C. Can be used with more types of costs than the high-low method d. Gives a precise mathematical fit of the points to the line
Transcribed Image Text:The principal advantage of the scatter diagram method over high-low method of cost estimation is that the scatter diagram method a. Includes cost outside the relevant range b. Considers more than two points C. Can be used with more types of costs than the high-low method d. Gives a precise mathematical fit of the points to the line
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