CDFM - Module 2 Exam 2023 Q & A solveda

1. A line chart is called what?: Frequency Polygon 2. What acquisition process category(s) has an independent cost estimate performed (by CAPE, in OSD) and prepared to check the accuracy and objectivity of the estimate?: ACAT 1 & ID 3. PPBE Planning Phase provides information to who?: SECDEF 4. What are the 3 Quantifiable Benefits?: (1) Cost Savings (2) Cost Avoidance (3) Productivity Improvement 5. Who/Where are Integrated Priority Lists submitted to?: (1) SECDEF (2) Chairmain of Joint Chiefs of Staff and (3) Military Department 6. Chairman of the Joint Chiefs of Staff is the principal military advisor to?: (1) The President (2) The national Security Council and (3) The SECDEF 7. What are the 8 steps to the Economic Analysis?: Objective, assumptions, constrains, alternatives, cost & benefits, compare alternatives risk analysis, report results 8. What is the Percentage Changes Formula?: (New#)-(Old#) divided by (Old#) x100 9. What is the Unit Cost Calculation?: (Unit #) x (Learning Curve %) 10. Correlation Coefficient ranges from ?: 0 to 1 0 = no correlation, 1= perfect correlation 11. The QDR (strategic plan) is published by ?: SECDEF 12. What process sets realistic but aggressive cost objectives early in ac- quisition program, performs cost performance analyses before operational requirements are finalized, and empowers the user to make effective choices by establishing trade-offs up front?: Cost as an independent Variable (CAIV) 13. is when funds are shifted within the same appropriation (O&M to O&M). No statutory (Congress) authority required but Congress sets a maximum limit.: Reprogramming 14. Which Quantifiable Benefit is a reduction or elimination of some future resource requirement and has not been included in an approved program, budgeted for, and not yet in the POM?: Cost Avoidance 15. What is the Coefficient of Variation looking for? The Higher or Smaller value?: Smaller Value 16. What is the Coefficient of Determination look for? Higher or Smaller Value?: Higher Value 17. The goal of the is to improve federal program effectiveness and public accountability, it is a strategic plan (QDR) which must contain outcome related goals and objectives. Goals should be objective, quantifi- able and measurable (what are we going to get as a result).: Government Performance & Results Act (GPRA) 18. What is the Learning Curve Calculation?: (Small #) divided by (Large #) 19. What are the Descriptive Statistics; Measures of Dispersion; Standard Deviation; Normal Distribution?: (A) +/-1=68% of population (B) +/-2= 95.5% of population (C) +/-3 = 99.7% of population 20. What is the Break Even Calculation?: Investment divided by Savings (sav- ings = old cost minus new cost) Example: 100/25=4. 4 years to break even 21. What are the 3 Major DoD Decision Support Systems?: (1) PPBE (2) Joint Capabilities Integration & Development System (3) Defense Acquisition Management System 22. Who maintains the Future Years Defense Program (FYDP)?: Cost Assess- ment Program Evaluation (CAPE) 23. What Statistical Method describes a collection of quantiative information in a way that is easy to understand nd interpret. Most common types are (1) measures of central tendency, (2) measures of dispersion, (3) Frequency distribution?: Descriptive Statistics 24. List 3 life cycle cost estimates for ACAT 1 programs.: (1) Program Office Estimate (2) Component Cost Estimate