Examlex
Consider a project composed of activities X and Y having equal length and performed in that order.Both activities can be laddered such that the first half of each activity is the predecessor for its own second half,so X1 precedes X2 and Y1 precedes Y2.The first half of X1 is also the predecessor for Y1.If the laddering procedure were performed again activities X and Y would be divided in four parts each,with precedence working as it did in the first split.Derive an expression for the minimum length of the project as laddering increases.
Midrange
The arithmetic average of the maximum and minimum values in a data set.
Variance
A measure of the dispersion or spread of a set of data points, indicating how much they differ from the mean.
Range
The difference between the highest and lowest values in a data set, indicating the spread or dispersion of the set.
Chebyshev's Theorem
A statistical theorem that gives an inequality for assessing the probability that a random variable differs from its mean.
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