Probability, Statistics and Other Frightening Stuff

This practical guide to probability and statistics explains these concepts that underpin all professional estimating. Alan Jones considers what are called Measures of Central Tendency; Means, Modes and Medians, describing the differences, relevance and uses for each in the context of Estimating and the like.

Alan R. Jones is Principal Consultant at Estimata Limited, an estimating consultancy service. He is a Certified Cost Estimator/Analyst (US) and Certified Cost Engineer (CCE) (UK). Prior to setting up his own business, he has enjoyed a 40-year career in the UK aerospace and defence industry as an estimator, culminating in the role of Chief Estimator at BAE Systems. Alan is a Fellow of the Association of Cost Engineers and a Member of the International Cost Estimating and Analysis Association. Historically (some four decades ago), Alan was a graduate in Mathematics from Imperial College of Science and Technology in London, and was an MBA Prize-winner at the Henley Management College (. . . that was slightly more recent, being only two decades ago). Oh, how time flies when you are enjoying yourself.