Terms to Learn

This chapter and the Glossary at the end of this text contain definitions of the following important terms:

1. account analysis method
2. coefficient of determination
3. conference method
4. constant
5. cost estimation
6. cost function
7. cost predictions
8. cumulative average-time learning model
9. dependent variable
10. experience curve
11. high-low method
12. incremental unit-time learning model
13. independent variable
14. industrial engineering method
15. intercept
16. learning curve
17. linear cost function
18. mixed cost
19. multicollinearity
20. multiple regression
21. nonlinear cost function
22. regression analysis
23. residual term
24. semivariable cost
25. simple regression
26. slope coefficient
27. specification analysis
28. standard error of the estimated coefficient
29. standard error of the regression
30. step cost function
31. work-measurement method