Probability, statistics and other frightening stuff:
Probability, Statistics and Other Frightening Stuff (Volume II of the Working Guides to Estimating & Forecasting series) considers many of the commonly used Descriptive Statistics in the world of estimating and forecasting. It considers values that are representative of the 'middle ground...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Abingdon, Oxon
Routledge
2019
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Schriftenreihe: | Working guides to estimating & forecasting
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Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | Probability, Statistics and Other Frightening Stuff (Volume II of the Working Guides to Estimating & Forecasting series) considers many of the commonly used Descriptive Statistics in the world of estimating and forecasting. It considers values that are representative of the 'middle ground' (Measures of Central Tendency), and the degree of data scatter (Measures of Dispersion and Shape) around the 'middle ground' values. A number of Probability Distributions and where they might be used are discussed, along with some fascinating and useful 'rules of thumb' or short-cut properties that estimators and forecasters can exploit in plying their trade. With the help of a 'Correlation Chicken', the concept of partial correlation is explained, including how the estimator or forecaster can exploit this in reflecting varying levels of independence and imperfect dependence between an output or predicted value (such as cost) and an input or predictor variable such as size. Under the guise of 'Tails of the unexpected' the book concludes with two chapters devoted to Hypothesis Testing (or knowing when to accept or reject the validity of an assumed estimating relationship), and a number of statistically-based tests to help the estimator to decide whether to include or exclude a data point as an 'outlier', one that appears not to be representative of that which the estimator is tasked to produce. This is a valuable resource for estimators, engineers, accountants, project risk specialists as well as students of cost engineering |
Beschreibung: | Description based on online resource; title from digital title page (viewed on October 12, 2018) |
Beschreibung: | 1 online resource (xxvii, 471 pages) |
ISBN: | 9781315160061 1315160064 9781351661386 1351661388 9781351661379 135166137X 9781351661362 1351661361 |
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245 | 1 | 0 | |a Probability, statistics and other frightening stuff |c Alan R. Jones |
264 | 1 | |a Abingdon, Oxon |b Routledge |c 2019 | |
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520 | |a Probability, Statistics and Other Frightening Stuff (Volume II of the Working Guides to Estimating & Forecasting series) considers many of the commonly used Descriptive Statistics in the world of estimating and forecasting. It considers values that are representative of the 'middle ground' (Measures of Central Tendency), and the degree of data scatter (Measures of Dispersion and Shape) around the 'middle ground' values. A number of Probability Distributions and where they might be used are discussed, along with some fascinating and useful 'rules of thumb' or short-cut properties that estimators and forecasters can exploit in plying their trade. With the help of a 'Correlation Chicken', the concept of partial correlation is explained, including how the estimator or forecaster can exploit this in reflecting varying levels of independence and imperfect dependence between an output or predicted value (such as cost) and an input or predictor variable such as size. Under the guise of 'Tails of the unexpected' the book concludes with two chapters devoted to Hypothesis Testing (or knowing when to accept or reject the validity of an assumed estimating relationship), and a number of statistically-based tests to help the estimator to decide whether to include or exclude a data point as an 'outlier', one that appears not to be representative of that which the estimator is tasked to produce. This is a valuable resource for estimators, engineers, accountants, project risk specialists as well as students of cost engineering | ||
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Datensatz im Suchindex
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adam_txt | |
any_adam_object | |
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author | Jones, Alan 1953- |
author_facet | Jones, Alan 1953- |
author_role | aut |
author_sort | Jones, Alan 1953- |
author_variant | a j aj |
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dewey-hundreds | 500 - Natural sciences and mathematics |
dewey-ones | 519 - Probabilities and applied mathematics |
dewey-raw | 519.5 |
dewey-search | 519.5 |
dewey-sort | 3519.5 |
dewey-tens | 510 - Mathematics |
discipline | Mathematik |
discipline_str_mv | Mathematik |
format | Electronic eBook |
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isbn | 9781315160061 1315160064 9781351661386 1351661388 9781351661379 135166137X 9781351661362 1351661361 |
language | English |
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publishDate | 2019 |
publishDateSearch | 2019 |
publishDateSort | 2019 |
publisher | Routledge |
record_format | marc |
series2 | Working guides to estimating & forecasting |
spelling | Jones, Alan 1953- Verfasser aut Probability, statistics and other frightening stuff Alan R. Jones Abingdon, Oxon Routledge 2019 © 2019 1 online resource (xxvii, 471 pages) txt rdacontent c rdamedia cr rdacarrier Working guides to estimating & forecasting Description based on online resource; title from digital title page (viewed on October 12, 2018) Probability, Statistics and Other Frightening Stuff (Volume II of the Working Guides to Estimating & Forecasting series) considers many of the commonly used Descriptive Statistics in the world of estimating and forecasting. It considers values that are representative of the 'middle ground' (Measures of Central Tendency), and the degree of data scatter (Measures of Dispersion and Shape) around the 'middle ground' values. A number of Probability Distributions and where they might be used are discussed, along with some fascinating and useful 'rules of thumb' or short-cut properties that estimators and forecasters can exploit in plying their trade. With the help of a 'Correlation Chicken', the concept of partial correlation is explained, including how the estimator or forecaster can exploit this in reflecting varying levels of independence and imperfect dependence between an output or predicted value (such as cost) and an input or predictor variable such as size. Under the guise of 'Tails of the unexpected' the book concludes with two chapters devoted to Hypothesis Testing (or knowing when to accept or reject the validity of an assumed estimating relationship), and a number of statistically-based tests to help the estimator to decide whether to include or exclude a data point as an 'outlier', one that appears not to be representative of that which the estimator is tasked to produce. This is a valuable resource for estimators, engineers, accountants, project risk specialists as well as students of cost engineering Industrial engineering / Statistical methods Probabilities Costs, Industrial / Estimates Costs, Industrial / Statistical methods https://www.taylorfrancis.com/books/9781315160061 Verlag URL des Erstveroeffentlichers Volltext |
spellingShingle | Jones, Alan 1953- Probability, statistics and other frightening stuff Industrial engineering / Statistical methods Probabilities Costs, Industrial / Estimates Costs, Industrial / Statistical methods |
title | Probability, statistics and other frightening stuff |
title_auth | Probability, statistics and other frightening stuff |
title_exact_search | Probability, statistics and other frightening stuff |
title_exact_search_txtP | Probability, statistics and other frightening stuff |
title_full | Probability, statistics and other frightening stuff Alan R. Jones |
title_fullStr | Probability, statistics and other frightening stuff Alan R. Jones |
title_full_unstemmed | Probability, statistics and other frightening stuff Alan R. Jones |
title_short | Probability, statistics and other frightening stuff |
title_sort | probability statistics and other frightening stuff |
topic | Industrial engineering / Statistical methods Probabilities Costs, Industrial / Estimates Costs, Industrial / Statistical methods |
topic_facet | Industrial engineering / Statistical methods Probabilities Costs, Industrial / Estimates Costs, Industrial / Statistical methods |
url | https://www.taylorfrancis.com/books/9781315160061 |
work_keys_str_mv | AT jonesalan probabilitystatisticsandotherfrighteningstuff |