Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Project Costs
How do you estimate project costs?
As you learned earlier, project managers are expected by customers and stakeholders to deliver a definitive and functional cost estimate in a timely manner. How do project managers d this? Good question. As you read, there are three levels of estimation in a project: the WAG, the SWAG, and the "you bet your job on this figure" estimates. Actually, they are referred to in industry as, the "Order of Magnitude" the "Budget," and the "Definitive" cost estimates. The PMBOK addresses them under Analogous, Parametric, and Bottom-up estimates respectively (PMBOK section 6.5.2). Explain which of the three is used where in the project lifecycle.
Below is a breakdown of the various expenditure items. Draw an appropriate chart to portray the data and summarize your findings in a brief report.
The importer randomly samples 60 bottles of the new wine and obtains a sample mean x¯ = 9.3%. Give a 90% confidence interval for the average percentage.
What is the probability that the difference between the sample percentage and the population percentage will be more than 3%? Interpret the meaning of this probability.
The lottery commissioner's office in a state wanted to find if the percentages of men and women who play the lottery often are different.
a. Draw the Payoff Table and the Opportunity Loss tables. b. Find the optimal action according to Maximax, Maximin, and Maximum Likelihood. c. Write the expressions for EMV.
Suppose a major real estate development corporation has hired you to research the features of housing for which people will pay the most in making a home purchasing decision.
Critically discuss understanding the normal distribution and the factors that affect its shape important in solving business and marketing-related questions?
At the 0.05 level, and assuming a normal distribution for the weights, examine the possibility that the new procedure is actually no better than the old one.
Instructions and Background This assignment requires students to identify, discuss and evaluate potential data collection, analysis and reporting strategies for dealing with small sample data. Research Scenario The intended research design was a R..
the following data the number of car thefts that occurred in a city during the past 12 days.6 3 7 11 5 3 8 7 2 6 9 13a.
Five dice are tossed. If at least three come up 5 or 6, the house pays $50. If not, the house wins $4. What is the player's expected value?
The benefits office wants to investigate whether a relationship exists between the level of an employee and their interest in a 401k plan. Using the above data, conduct a chi-square analysis and respond to the following question
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd