Question on Mean
Submitted by mpavas on Tue, 12/11/2012 - 15:35
Forums:
This is a question from rita fast track.
You just completed a cost estimate on the project, and you are assuming that there is a 15% chance you will exceed this estimate. You are:
a Below the mean
b. Above the mean
c. Above the median
d. Belotthe median
Please let me know the rational behind the answer and how can i understand more about this question.
