The Project Manager Must Determine the Purpose of the Presentation

question 37

True/False

The project manager must determine the purpose of the presentation.Is it to inform or to persuade?

---

Definitions:

Expected Values

The expected value of a variable is determined by the total of all its potential outcomes, each weighted by its chance of happening.

Joint Probabilities

The probability of two or more events happening at the same time, often represented within a probability distribution.

Rule of 5

A guideline in statistics that suggests if the sample size is smaller than 5, certain statistical methods, such as normal approximation, may not be reliable.

Expected Values

The mean of a probability distribution, representing the average outcome one can expect to see.