In a Project Cycle, a Project Goes Through the Processes

question 52

True/False

In a project cycle, a project goes through the processes of identification, preparation, appraisal, implementation, and evaluation.

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Definitions:

Arithmetic Mean

The sum of a collection of numbers divided by the count of numbers in the collection, often used as a measure of central tendency.

Investment

Allocation of resources, usually financial, in assets or projects expected to yield returns over time.

Chebysheff's Theorem

A statistical rule stating that for any dataset, regardless of distribution, a certain proportion of values will fall within a specified number of standard deviations from the mean.

Empirical Rule

A statistical rule stating that for a normal distribution, nearly all data will fall within three standard deviations of the mean.