In the template for finding bias (Fig. 4.3), using the Actuals as shown, compare the estimating model
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In the template for finding bias (Fig. 4.3), using the Actuals as shown, compare the estimating model shown in the figure with the following estimates derived from a multiplicative model:
Period: 1 2 3 4 5 6 7 8 Estimate: 179 217 91 51 76 438 64 170 LO5 Base your comparison on the mean bias and the MAR. Comment.
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Project Management In Practice
ISBN: 9780470121641
3rd Edition
Authors: Samuel J. Mantel Jr., Jack R. Meredith, Scott M. Shafer, Margaret M. Sutton
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