What is the cost to finish this project (all activity durations are in weeks and costs in US dollars) as quickly as possible?
Definitions:
Student-t
A distribution that looks similar to the normal distribution but has thicker tails, used especially in scenarios of small sample sizes.
Confidence Interval
A tract of values derived by statistical analysis of samples, thought to potentially include the value of a population parameter not yet known.
Sample Variances
A measure of dispersion calculated from a sample of a population, representing the average of the squared deviations from the sample mean.
Population Variances
Population variances measure the dispersion of all data points in a population around the population mean, reflecting the overall variability within that population.
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