What Is a Change Order

question 4

Multiple Choice

What is a change order?

• A)the document produced to describe a part of the job requirement that has been changed from what was originally bid
• B)an invoice that is marked as "paid"
• C)a contractor request for a change of personnel
• D)another name for the invoice issued

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Definitions:

Tails

The ends of a distribution curve, referring to the extreme values far from the mean in a probability distribution.

Mean

The arithmetic average of a set of numbers, calculated by dividing the sum of the values by the number of values.

Variance

A measure of how much values in a dataset differ from the mean, indicating the distribution's spread.

Standard Deviation

The measure of the dispersion of a set of values relative to its mean, indicating how spread out the values are.