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Sheet1 Page 1 AGENDA Beta distribution Weibull distribution Homework Quiz BETA DISTRIBUTION Continuous random variable that is between 0 and 1 Frequently used in engineering project management Probability that some task will be completed on time Parkinson° s law Student syndrome Parameters
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Unformatted text preview: Alpha Beta BETA DISTRIBUTION BETA DISTRIBUTION WEIBULL DISTRIBUTION Found when a random variable is normally distributed, but mean ± some number of standard deviations cannot be less than 0 Parameters Alpha Beta WEIBULL DISTRIBUTION WEIBULL DISTRIBUTION...
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