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Which of the Following Statements About Evaluation Is True

question 71

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Which of the following statements about evaluation is true?


Definitions:

Construction Bids

Proposals submitted by contractors to undertake a construction project, typically including proposed costs and timelines.

Probability

An indicator of how probable an event is to happen, shown as a value ranging from 0 to 1, with 0 meaning it cannot happen and 1 meaning it will definitely happen.

Union

An organized association of workers formed to protect and further their rights and interests; a labor union.

Individual Probabilities

The likelihood of specific outcomes for individual events.

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