The Project Business Case States What the Project Will Accomplish

question 26

True/False

The project business case states what the project will accomplish and how it will be done.

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Definitions:

IQR

IQR, or Interquartile Range, measures the middle 50% spread of a dataset by calculating the difference between the first (25th percentile) and third (75th percentile) quartiles.

Range

The difference between the highest and lowest values in a dataset.

Median

The middle value in a data set when it is organized in ascending or descending order, or the average of the two middle values if the set has an even number of observations.

IQR

IQR, or Interquartile Range, is a measure of statistical variability, which is calculated as the difference between the 25th (first quartile) and the 75th percentile (third quartile) values in a data set, showing the spread of the middle 50% of the data.