Question: You are asked to prepare an estimate for a project that involves planting new trees in the parking lot. The trees cost $800 each, and
You are asked to prepare an estimate for a project that involves planting new trees in the parking lot. The trees cost $800 each, and the labor to install them is $75 per hour. You are planting 10 new trees, and each tree takes one hour of labor to plant, stake, and water. What is the estimated cost of the labor for this project, and which technique are you using to determine this estimate?
(Choose two.)
A. $8,000 B. Three‐point estimate C. Bottom‐up method D. $750 E. Analogous method F. Parametric method G. $8,750
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