Beta rectangular distribution: Difference between revisions

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The variance can now be increased when uncertainty is larger. However, the beta distribution may still apply depending on the project manager’s judgment.
 
The beta rectangular has been compared to the uniform-two sided power distribution and the uniform-generalized biparabolic distribution in the context of project management. The beta rectangular exhibited larger variance and smaller kurtosis by comparison.<ref>{{cite journal |last1=López Martín|first1=M. M. | last2=García García |first2=C. B. | last3=García Pérez |first3=J. | last4=Sánchez Granero |first3first4=M. A. | year=2012 |title= An alternative for robust estimation in project management |journal= European Journal of Operational Research|volume= in press|issue= |pages= |publisher=Elsevier |doi= 10.1016/j.ejor.2012.01.058 |accessdate=}}</ref>
 
===Income distributions===