Examlex
A null hypothesis is not rejected at given level of significance.As the assumed value of the mean gets further away from the true population mean,the type II error will _____________.
Standard Deviation
A statistical measure that quantifies the variation or dispersion of a set of data points from its mean, indicating how spread out the data is.
Project Duration
The total time required to complete all phases of a project from initiation to closure.
Critical Path
The longest sequence of activities in a project plan that must be completed on time for the project to finish by its due date.
PERT Pessimistic Time
In the PERT project management technique, it is the longest time that a task is expected to take, considering potential delays and assuming that everything goes wrong.
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