A review and analysis of statistical cost estimating relationships.
Carter, Marshall Nichols
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Statistical cost estimating relationships (CER) are used by cost analysts for estimating future systems costs before the costs are incurred, A sample of published studies concerning CER's is reviewed and analyzed and a general prognosis of the techniques involved is presented, Some currently used alternatives to CER's are discussed and methods of improving cost estimating relationships are examined. Major conclusions are that the technique of estimating costs through statistical relationships is sound but that improvements can be realized in certain areas.
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