Posted: 12/1/2004 7:15:45 PM EDT
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... Any statisticians or cost-estimate relationships experts out here? ... I'm smack in the middle of a week long, 10-hour days Parametric Cost Modeling Process & Parametric Estimating Methods class. ... It's intense and as grueling as hell and even somewhat more subjective than I would have imagined. However, certification is necessary if you're participating in new fighter (manned and unmanned) aircraft proposals. At lunch we were casually discussing accuracy in analogous cost models. Someone asked about P-value, R-squared and related confidence factors in your model pitched to the Company & military. Our hottie instructor answered the small crowd of us at the restaurant "are you willing to bet all of Boeing on that answer?" - Sobering as hell, no one laughed. Oh well, I guess you had to be there  ... My brain is fried! |
WTF ?@#*! |
... Compiling accurate cost estimating relationships using factors or regression analysis for estimating the pricing structure for a next-generation military aircraft. ... Or put it this way: If you were to design and manufacture a new fighter/bomber for our military, how do you know what to charge your customer for one? |
