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[Palisade] Correlation in Cost Risk/Uncertainty Models

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Description

If your cost estimate's risk/uncertainty model does not include any statistical correlation between appropriate input pairs you're probably leaving out an important modeling element. This webinar will cover the essentials of correlations: what it is; when to use it; how to incorporate it into a cost risk/uncertainty model using @RISK; and what effects to expect compared to a model without correlation.

Contributors

  • Steven L. Van Drew

    Consultant/Trainer, Palisade