Establish a cost estimating relationship

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Reference no: EM131922273

Project Management Question:

Suppose we have collected the following cost and performance data on rocket motors for missile propulsion systems.

Establish a cost estimating relationship (CER) between cost & thrust and establish a CER between cost & length.

Which one looks to be the better CER?

Cost ($)	Thrust (pounds)	Length (inches)
33,003	1,000	36
34,712	1,200	40
27,253	500	24
39,767	2,000	42
51,093	5,000	62
62,073	10,000	98
36,818	1,500	40
79,466	25,000	124
68,628	15,000	78

Reference no: EM131922273

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