Define cost estimation. Fully describe methods of cost estimation that may be used by the financial analyst, and express an opinion about the method or methods that would provide the most accurate results. Then, based on readings from Module Resources, what do you feel is the most suitable method for application in determining health care costs? Elaborate and fully support your position.
In your response posts, comment on the cost estimation methods that provide the most accurate results identified by your peers. Also comment on the identified methods that could be used in determining health care costs. Fully support your answer with sound arguments and examples, if appropriate, and citing sources as needed.