A normal distribution of data is one in which the majority of data points are relatively similar, occurring within a small range of values, while there are fewer outliers on the higher and lower ends of the range of data.
Risk Management is the process of identifying, analyzing and responding to risk factors throughout the life of a project and in the best interests of its objectives. Proper risk management implies control of possible future events and is proactive rather than reactive.
Introduction and Purpose. This report presents the results of an investigation into low cost traffic engineering improvements, including. types of actions, costs, and benefits. In an effort to reduce crashes and ease traffic congestion on our nationâs. highways, traffic engineers and planners have traditionally pursued a wide range. of actions.