Major Project Update

So as I wrote in my previous blog, the major focus of my C-term is working on my major project. If I haven't already explained this thoroughly, my major project involves building a tool in excel that will statistically test how accurate our project sponsor's pension assumptions are. The assumptions we are checking are things like ages at which people will die and/or retire and how many people will be terminated before retirement/death.

At this point in our project we have done our background research and have begun to write our program in excel. We want our program to automatically reconcile data (based on given assumptions), summarize and organize data into each of the decrements, run the assumptions which we are testing, and then finally run our statistical tests.

Tonight, to continue our work, we are meeting with one of the statistics professors from WPI to talk about some of the assumptions we need to make. After this meeting we will finish writing our program and then its just a matter of running some sample data.

The goal is to be done by the end of C-term so keep your fingers crossed for me!