Project Management Professional-Chapter 20
APPENDIX: PROBABILITY DISTRIBUTIONS
In the discussion so far, I have tried to sound less like a statistician and more like a project management practitioner. The material I have covered here is mainly practical. But there are a few more things we should discuss if we are going to use any of the many statistical packages that are available for project management. Many of these software packages require making decisions on the type of distributions to use, so it is important to know the differences. A probability distribution is a list of all the possibilities that could occur and a probability associated...