Question: 1. The following time estimates are given for an activity: optimistic time = 16 days, most likely time = 24 days and pessimistic time =
1. The following time estimates are given for an activity: optimistic time = 16 days, most likely time = 24 days and pessimistic time = 38 days.
What is the expected time to complete this activity?
Group of answer choices
A. 16
B. 24
C. 38
D. 25
E. None of these answers are correct 2.
The following time estimates are given for an activity: optimistic time = 16 days, most likely time = 24 days and pessimistic time = 40 days.
What is the variance of this activity?
Group of answer choices
A. 9
B. 16
C. 20
D. 24
E. None of these answers are correct
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