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What is Data Analysis for Project Management & COVID-19 about?

The document discusses using Bayesian analysis to solve two probability problems: 1) A project manager wants to determine the probability a new project will finish on time given it will undergo major changes, based on historical data showing 60% of projects finished on time and 30% of those underwent changes. The analysis finds a 36% chance the new project will finish on time. 2) Given a 3% COVID prevalence and test characteristics, the chance a random positive test truly has COVID is calculated as 96.64

Author

Jav Powtoon

Language

EN