December 2016
Beginner to intermediate
864 pages
24h 44m
English
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Chapter 75. Calculating an optimal bid
Questions answered in this chapter:
How do I simulate a binomial random variable?
How can I determine whether a continuous random variable should be modeled as a normal random variable?
How can I use a simulation to determine the optimal bid for a construction project?
When you’re bidding against competitors on a project, the two major sources of uncertainty are the number of competitors and the bids submitted ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.