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Types of cost-reimbursable contracts are:
Cost-reimbursable contracts are used mainly for R and D projects and are rarely used in construction projects - the main reason being that assigning responsibility to an entity for meeting the performance parameters and controlling the performance parameters makes it very complex to the entity to handle. Incorporating guaranteed maximum price and bonus clauses can facilitate better control to some degree.
Disadvantages For calculating median it is necessary to arrange the data; other averages do not need any arrangement. Since it is a positional average, its value is not d
Central Tendency and Dispersion in Statistics: Write a note on the following : i) What is the importance of Measures Of Central Tendency and Dispersion in Statistics ?
operation
How to a calculate the combined standard deviation for five groups (samples)?
There are 15 types of ice cream: A,B,C,D,E,F,G,H,I,J,K,L,M,N, and O. How many combinations are there to sample 5 flavors if you sample 1 flavor 4 times? How many combinations are t
real time applications on graphical representation of o-give curves
Binomial Distribution Binomial distribution was discovered by swiss mathematician James Bernonulli, so this distribution is called as Bernoulli distribution also, this is a d
Consider three stocks A, B and C costing $100 each. The annual returns on the three stocks have mean $5 and variance $10. a. Suppose that the returns on the three stocks are i.i
Simulation When decisions are to be taken under conditions of uncertainty, simulation can be used. Simulation as a quantitative method requires the setting up of a mathematical
The tension, T, in the tow rope pulling the car in Newtons is given in P8. Determine the minimum length of the rope l, between A and B, so that the tension in either AB or AC equa
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