In Calculating the Probabilities in a CPM Analysis the Desired

question 65

True/False

In calculating the probabilities in a CPM analysis the desired time is determined by calculating the expected time for the project as a whole.

---

Definitions:

Traditional Methods

Conventional or long-established techniques or practices used in a particular field or profession.

Inference

The process of drawing logical conclusions from premises or evidence.

Bootstrap Confidence Interval

A statistical method for estimating the confidence interval of a parameter by resampling the original data with replacement.

Bootstrap Distribution

The distribution of a large number of bootstrap samples' statistics, used for estimating the shape of the true distribution of a statistic.