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The Salty Project Manager Instinctively Knew That This Was to Be

question 70

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The salty project manager instinctively knew that this was to be no easy task.As she surveyed the project objectives and the resources she had at her disposal,she did some quick mental arithmetic and parsed the next two years into pieces that were easier to manage and easier to explain to the team that sat in stunned silence all around her.The only way that this project would get off the ground and ultimately be delivered was thanks to her ability to:


Definitions:

Regression Analysis

Regression analysis is a statistical method used for estimating the relationships among variables, often to determine how the typical value of the dependent variable changes when any one of the independent variables is varied.

Least Squares Line

The best-fitting straight line through a set of data points, minimizing the sum of the squares of the vertical distances of the points from the line.

Weight

A measurement of the gravitational force acting on an object, often used in statistical analysis to assign importance to different elements of a dataset.

Height

A measurement of how tall a person or object is, typically measured in units like feet, inches, meters, or centimeters.

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