Question: A company planning a project has obtained three duration estimates for Activity A. Optimistically they can complete the activity in five (5) days. Pessimistically they

A company planning a project has obtained three duration estimates for Activity A. Optimistically they can complete the activity in five (5) days. Pessimistically they estimate that it would take fifteen (15) days, while most likely it will take only seven (7) days. Calculate, using Three-Point Estimating Technique (PERT analysis), the activitys duration.

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