How does a skew from mean-median figure relate to planning


Discussion Post: Critical Thinking

• Explain beta distribution, when it is used, and the benefits and shortcomings of the technique.

• What is the result of this estimate in the example?

• How does a skew from the mean/median figure relate to planning a project? That is, if your beta is 7.5 and your M=6, how do these relate?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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