Derive approximate expressions for the expected value and variance of the function Z = B/C, in terms
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Derive approximate expressions for the expected value and variance of the function Z = B/C, in terms of expected values and variances of B and C. Here B stands for benefits and C costs; hence Z is similar to benefit:cost ratio.
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Related Book For
Infrastructure Investment An Engineering Perspective
ISBN: 9781466576698
1st Edition
Authors: David G. Carmichael
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