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Question

What are some of the limitations of using real project data to arrive at cost estimation models?

a.

The findings only reflect an average

b.

The results are dependent on the reliability of the data

c.

The hypothesis that underlies the form of the equation must be sound

d.

All of the above

Answer: (d).All of the above Explanation:When using real project data to arrive at cost estimation models, the findings only reflect an average, the results are dependent on the reliability of the data and the hypothesis that underlies the form of the equation must be sound.

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Q. What are some of the limitations of using real project data to arrive at cost estimation models?

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