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`for D G Services Contract - Practical Exercise S DATA TOPUT STDDEV'S from MEAN 3.5 Data STD DEV'S mean + 2 Sto Dev - 2 5to Dev From MEAN 1690 060 50...
Using the attachments answer the following questions and explain how you came to the answers please.
- Is the $75/hour representative of the typical engineering rate?
- If a contractor was using a "standard rate" then what would we expect to see with respect to the rates, from one project to another?
- How would you describe the variation in this case?
