Experienced Project Managers Understand the Value of Having Team Members

question 59

Short Answer

Experienced project managers understand the value of having team members ________ for the project as opposed to appointing team members.

---

Definitions:

Significance Level

A precisely rephrased term for the threshold of probability at which we accept or reject the null hypothesis in statistical testing.

T-statistic

A type of statistic used in hypothesis testing, calculated by dividing the difference between the sample mean and the hypothesized population mean by the standard error of the mean.

Alpha

A statistical significance level often set at 0.05 or 5%, indicating the probability threshold below which the observed data are considered statistically significant.

Null Hypotheses

The null hypothesis is a statement in statistical hypothesis testing that assumes no effect or no difference in the case of the study, serving as the default or initial assumption.