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Which of the following are true when choosing an estimation method? Multiple select question. Sophisticated estimation models should always be used over simpler models. The
Which of the following are true when choosing an estimation method? Multiple select question. Sophisticated estimation models should always be used over simpler models. The benefits of using a sophisticated or simpler model need to be considered. Each method has advantages and disadvantages. Assumptions should be considered on a case-by-case basis
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