Accession Number:

AD0757503

Title:

Confidence in Estimated Airframe Costs: Uncertainty Assessment in Aggregate Predictions,

Descriptive Note:

Corporate Author:

RAND CORP SANTA MONICA CALIF

Personal Author(s):

• Timson,F. S.
• Tihansky,D. P.

Report Date:

1972-10-01

Pagination or Media Count:

91.0

Abstract:

The study develops and applies a method for quantitative analysis of the uncertainty inherent in certain predictive models involving a number of regression equations. Specifically, it analyzes the uncertainty associated with the Rand airframe cost estimating model.

Descriptors:

• (*AIRFRAMES
• *COSTS)
• (*REGRESSION ANALYSIS
• UNCERTAINTY)
• CORRELATION TECHNIQUES
• MATHEMATICAL PREDICTION
• COMPUTER PROGRAMMING
• GRAPHICS
• MATHEMATICAL MODELS

Subject Categories:

• Aircraft
• Statistics and Probability

Distribution Statement:

APPROVED FOR PUBLIC RELEASE