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After an ERP Project Is Complete,it Is Easy to Measure

question 59

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After an ERP project is complete,it is easy to measure the return on investment.


Definitions:

Normal Curve

A symmetrical bell-shaped curve that describes the distribution of many types of data where most occurrences take place around the mean.

Continuity Correction

An adjustment made when approximating a discrete distribution with a continuous one, often applied in binomial and poisson distributions.

Binomial Distribution

A probability distribution that describes the number of successes in a fixed number of independent experiments, each with the same probability of success.

Normal Distribution

A bell-shaped curve that represents the distribution of many types of data where most values cluster around a central mean and probabilities for values taper off equally in both directions.

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