The Fundamental Difference Between PERT and CPM Is That PERT

question 89

True/False

The fundamental difference between PERT and CPM is that PERT uses the beta distribution for crashing projects while CPM uses cost estimates.

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Definitions:

Sample Linear Regression Model

A statistical model that estimates the relationship between a dependent variable and one or more independent variables using a linear equation.

Slope Coefficient

In linear regression, a measure of the rate of change in the dependent variable for every one unit change in an independent variable.

Average Change

The mean difference between successive measurements in a series of data points, indicative of a trend or variation over time.

Independent Variable

A variable in an experiment or study that is manipulated or changed to observe its effect on the dependent variable.