Accuracy of Technical Estimates in Industrial Research Planning
Accuracy of Technical Estimates in Industrial Research Planning
Dennis L Meadows
The book Accuracy of Technical Estimates in Industrial Research Planning was written by author Dennis L Meadows Here you can read free online of Accuracy of Technical Estimates in Industrial Research Planning book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Accuracy of Technical Estimates in Industrial Research Planning a good or bad book?
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y y / / H^ ^JL ^ ^^ B^ . 1 . 2 . 3 .^ . 5 . 6 . 7 . 8 . 9 1. 0 INITIAL ESTIMATE PROBABILITY OF TECHNICAL SUCCESS w^l- 50% Confldenoe Interval for True Probability of Stioo-ess ACCURACY: ESTIMATED PROBABILITY OF TECHNICAL SUCCESS 30 PROJECTS, CHEMICAL LABORATORY A Figure 3 -ll»- CO CO M O o to E-i U < O H E-i O 1. 0 • ■ A y . 9 ^/ 1 y •', •', . 8 •'/, y •M . 7 • :•:• y *, ' . 6 ' 'v. / . 5 iii y . 4 ', ' ji; '. •t' . 3 . 2 ■-■ . ••' * • • 1 :•:•: y '•*«* . '!*• v/ y ;•;• •;. ;• I'l"!
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■^^k . 1 . 2 . 3 .^ . 5 . 6 . 7 . 8 . 9 1. 0 INITIAL ESTIMATE PROBABILITY OF COMMERCIAL SUCCESS - 50^ Confidence Interval for True Probability of Suooess ACCURACY: ESTIMATED PROBABILITY OF COMMERCIAL SUCCESS 20 PROJECTS, CHEMICAL LABORATORY A Figure 4 -15- The results tend to confirm the laboratory management's belief that market 13 estimates are less reliable than technical estimates.
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