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PERT Calculations Typically Include the Duration Variance of Each Activity

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PERT calculations typically include the duration variance of each activity. What is the purpose of this calculation, i.e. what's the role of variances in PERT analysis?


Definitions:

Categories

Distinct groups or classes into which data or items can be classified.

Chi-square Test

A statistical test used to determine if there is a significant difference between the expected frequencies and the observed frequencies in one or more categories.

Distribution

Refers to the way in which something is shared out or spread across a range, often used in reference to statistical data.

Two Variables

Refers to studies or analyses that involve examining the relationships or interactions between two different variables.

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