Question: 8. Below is a table for a project where you obtained quotes based upon the most likely, pessimistic and optimistic numbers. Calculate the Mean value

8. Below is a table for a project where you obtained

8. Below is a table for a project where you obtained quotes based upon the most likely, pessimistic and optimistic numbers. Calculate the Mean value for each Item if the MARR is set to 12%. Item Quotes Most Likely Pessimistic 750 950 Optimistic 250 First Costs, $ Annual Benefits, $ Life, Years 50 20 80 9 4 14 8. Below is a table for a project where you obtained quotes based upon the most likely, pessimistic and optimistic numbers. Calculate the Mean value for each Item if the MARR is set to 12%. Item Quotes Most Likely Pessimistic 750 950 Optimistic 250 First Costs, $ Annual Benefits, $ Life, Years 50 20 80 9 4 14

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