Pricing out the construction cost of a home by a cost per square foot would be representative of a estimate.

Parametric

Explanation:

Parameters can be defined as an element of a system that is useful in identifying or evaluating the performance ,status , size or condition of such system.

The use of parameters in achieving the above function is called parametric.

Using the cost per square foot to price out the construction cost of a home is a parametric measurement as it is aimed at arriving at the size and value of the home under construction.

answer; the correct answer to the above statement is (true);