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The Duties and Responsibilities of the Project or Contract Manager

question 8

Multiple Choice

The duties and responsibilities of the project or contract manager are diversified. The precise duties depend on the owner's organization. The skill and experience of the _____________ are the ultimate determinants of a successful project.


Definitions:

Dependent Variable

In statistical modeling, this is the variable that is being tested and measured to see if it is influenced by one or more independent variables.

Explanatory Variables

Variables in a statistical model that are used to explain changes or differences in a response variable.

T-Statistic

A value used in hypothesis testing, calculated as the difference between an observed sample mean and the population mean divided by the standard error of the mean.

Coefficient on Education

A statistical measure in regression that represents the change in the dependent variable resulting from a one-unit change in the level of education, all else being equal.

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