Examlex
Risk cannot be transferred because ultimately your own project will suffer the consequences if the event occurs.
Confidence Interval
A range of values, derived from sample data, that is likely to contain the value of an unknown population parameter, with a specified level of confidence.
Null Hypothesis
A statistical hypothesis that assumes no significant difference or effect exists between certain characteristics of a population or data set.
PHStat
An Excel add-in that enhances and expands the statistical capabilities of Microsoft Excel by providing tools for statistical analysis.
Variances
Statistical measures that indicate the dispersion of data points in a dataset relative to the mean, signifying the spread of data.
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