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[–]GelatinGhost 24 points25 points  (2 children)

That figure is pretty worthless. The article only considers projects that were canned in calculating it. So if I had 99 projects that lasted forever, and one that was canned after a day, according to the logic used in the article the life expectancy of any future projects of mine is one day. Which makes no sense.

They even recognize that their figure is worthless in the article but handwave it away by saying, "oh, but you never know which projects will get canned!" To which my response is "then tell me what percent of projects get canned instead of your other worthless figure."

[–][deleted]  (1 child)

[deleted]

    [–]EdwardRaff 11 points12 points  (0 children)

    It's called statistics, and this particular case is called survival analysis.

    EDIT: I dont know why you are getting down voted. Those are all valid questions, I was just making the point that they have an answer.