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What Is the Underlying Theory to the Three Time Estimates

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What is the underlying theory to the three time estimates approach? What data distribution should be applied in this case and what confidence should a project manager place in the calculations associated with this technique?

Recognize the value of task demands in determining team performance and the required competencies for effective teamwork.
Understand the mechanisms for managing power networks and interpersonal conflicts within organizations.
Identify and apply strategies for resolving intrapersonal conflicts, including role analysis and negotiation of role expectations.
Recognize different types of conflicts including interrole, intrarole, and person-role conflicts, and their impacts on organizational dynamics.

Definitions:

Statistical Power

Probability of rejecting the null hypothesis when the alternative hypothesis is true.

Nonparametric Tests

Statistical tests that do not assume a specific distribution of the data, often used when data doesn't meet assumptions necessary for parametric testing.

Normally Distributed

Describes a dataset whose distribution forms a symmetrical bell-shaped curve when plotted, characterized by data clustering around a mean.

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