Question: Using the following three-point estimates, calculate the expected value using the beta distribution formula: Optimistic = 25, Pessimistic = 50, Most Likely = 35. A.
Using the following three-point estimates, calculate the expected value using the beta distribution formula: Optimistic = 25, Pessimistic = 50, Most Likely = 35.
A. 25 B. 36 C. 35 D. 37
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