A Research Firm Found That a Majority of Software Projects

question 3

True/False

A research firm found that a majority of software projects are delivered late or over budget or simply fail to meet expectations.

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Definitions:

Coefficient of Variation

A uniform metric showing the spread of a probability or frequency distribution as a percentage relative to the average.

Standard Deviation

A statistic that measures the dispersion or variation of a set of data points from their mean.

Variance

A measure of how much the values in a dataset vary or deviate from the mean, technically the average of the squared differences from the Mean.

Coefficient of Variation

A normalized measure of the dispersion of a probability distribution or frequency distribution, often expressed as a percentage.