1|Page
AACE CCT PRIMER EXAM AND PRACTICE EXAM
NEWEST 2025/ 2026 COMPLETE 250 QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+||NEWEST EXAM!!!
Large projects will often use __________ and _________
as components of the overall coding structure. -
ANSWER-work breakdown structures, resource
breakdown structures
A ______ _____ ______is one in which the cost of a new
facility is derived from the cost of a similar facility of a
known (but usually different) capacity. It relies on the
nonlinear relationship between capacity and cost. -
ANSWER-capacity factored estimate
__________ or ______ ______ methods are used in
situations where the total cost of an item or facility can be
reliably estimated from the cost of a primary component.
This is often referred to as "equipment factor" estimating -
ANSWER-Ratio, factored estimating
_______ includes charging techniques that various
stakeholders in the plan (bidders, contractors, etc) apply to
costs in the estimate to allow for overhead and profit, to
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improve cash flow, or to otherwise address market
conditions and serve their business interests. - ANSWER-
price
_______ is the collection of all elements of interest to the
decision-maker. The size of the _________ is usually
denoted by N. Very often, the ________ is so large that a
complete
census is out of the question. - ANSWER-population,
population, population
________ is a subset of data randomly selected from a
population. The size of a sample is usually denoted by
____ - ANSWER-Sample, n
______ ______ is an estimation, prediction or
generalization about the population based
on the information from the sample - ANSWER-statistical
inference
_______ is the sum of measurements divided by the
number of measurements - ANSWER-mean
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The best known and most reliable measure of central
tendency is the ____. The_____ is the arithmetic average
of a group of scores - ANSWER-mean, mean
______ is the middle number when the data observations
are arranged in ascending or descending order. If the
number n of measurements is even, the _____ is
the______of the two middle measurements in the ranking
- ANSWER-median, median, average
_______ is the measurement that occurs most often in the
data set. - ANSWER-Mode
If the observations have two modes, the data set is said to
have a _____ distribution. When the data set is multi-
modal, the mode(s) is on longer a viable measure of the
______ tendency. - ANSWER-bimodal, central
In a large data set, the modal class is the _____
containing the largest frequency. - ANSWER-class
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The _____ is defined as the difference between the lowest
and highest score in a distribution of scores. - ANSWER-
range
The _____ is not considered a stable measurement of
variability because the value can change greatly with the
change in a single score within the distribution - either the
high or low score - ANSWER-range
The _____ _____ is more stable than the range because it
is based on the spread of the scores through the center of
the distribution rather than through the two extremes. -
ANSWER-quartile deviation
The _____ and the ______ _______ both insensitive to
extreme scores in the distribution and should be used
accordingly. - ANSWER-median, quartile
_____ ____ is a more reliable indicator of the spread of a
distribution. It determines the amount each score deviates
from the mean of the distribution - ANSWER-standard
deviation
AACE CCT PRIMER EXAM AND PRACTICE EXAM
NEWEST 2025/ 2026 COMPLETE 250 QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+||NEWEST EXAM!!!
Large projects will often use __________ and _________
as components of the overall coding structure. -
ANSWER-work breakdown structures, resource
breakdown structures
A ______ _____ ______is one in which the cost of a new
facility is derived from the cost of a similar facility of a
known (but usually different) capacity. It relies on the
nonlinear relationship between capacity and cost. -
ANSWER-capacity factored estimate
__________ or ______ ______ methods are used in
situations where the total cost of an item or facility can be
reliably estimated from the cost of a primary component.
This is often referred to as "equipment factor" estimating -
ANSWER-Ratio, factored estimating
_______ includes charging techniques that various
stakeholders in the plan (bidders, contractors, etc) apply to
costs in the estimate to allow for overhead and profit, to
,2|Page
improve cash flow, or to otherwise address market
conditions and serve their business interests. - ANSWER-
price
_______ is the collection of all elements of interest to the
decision-maker. The size of the _________ is usually
denoted by N. Very often, the ________ is so large that a
complete
census is out of the question. - ANSWER-population,
population, population
________ is a subset of data randomly selected from a
population. The size of a sample is usually denoted by
____ - ANSWER-Sample, n
______ ______ is an estimation, prediction or
generalization about the population based
on the information from the sample - ANSWER-statistical
inference
_______ is the sum of measurements divided by the
number of measurements - ANSWER-mean
,3|Page
The best known and most reliable measure of central
tendency is the ____. The_____ is the arithmetic average
of a group of scores - ANSWER-mean, mean
______ is the middle number when the data observations
are arranged in ascending or descending order. If the
number n of measurements is even, the _____ is
the______of the two middle measurements in the ranking
- ANSWER-median, median, average
_______ is the measurement that occurs most often in the
data set. - ANSWER-Mode
If the observations have two modes, the data set is said to
have a _____ distribution. When the data set is multi-
modal, the mode(s) is on longer a viable measure of the
______ tendency. - ANSWER-bimodal, central
In a large data set, the modal class is the _____
containing the largest frequency. - ANSWER-class
, 4|Page
The _____ is defined as the difference between the lowest
and highest score in a distribution of scores. - ANSWER-
range
The _____ is not considered a stable measurement of
variability because the value can change greatly with the
change in a single score within the distribution - either the
high or low score - ANSWER-range
The _____ _____ is more stable than the range because it
is based on the spread of the scores through the center of
the distribution rather than through the two extremes. -
ANSWER-quartile deviation
The _____ and the ______ _______ both insensitive to
extreme scores in the distribution and should be used
accordingly. - ANSWER-median, quartile
_____ ____ is a more reliable indicator of the spread of a
distribution. It determines the amount each score deviates
from the mean of the distribution - ANSWER-standard
deviation
