When a company plans a project, it will estimate the cost of the project before beginning. It may also estimate the amount of time it expects the project to take to complete. However, these estimates ...

Variance is a statistical calculation that numerically describes the amount of variation in a data set. If values in a data set wildly fluctuate, variance would be high and predictions based on the ...

Donald M. Berwick, MD, MPP, the former CMS administrator who is president emeritus and senior fellow at the Institute for Healthcare Improvement, discusses cost variation in cancer care found through ...

The US health care system frequently focuses on reducing “unnecessary care variation” and with good reason. Recent literature places the cost of variability from best practices in care in the billions ...

Animal breeding has traditionally focused on improving mean trait performance; however, contemporary research increasingly highlights the significance of genetic variation not only in trait means but ...

Fossil samples almost always accumulate on timescales much longer than the life spans of individual organisms. This time-averaging has the potential to inflate the variability of fossil samples ...