Question: If two activities have the same most likely duration ( 6 days ) , however the first activity has a wider range ( optimistic duration

If two activities have the same most likely duration (6 days), however the first activity has a wider range (optimistic duration =4, pessimistic duration =12) as compared to the second activity (4,8), which statement is NOT correct:
Group of answer choices
Any of the answers listed
First activity has higher likelihood to take more than 6 days.
It is hard to tell. It all depends on the situation.
First activity has higher expected duration, variance, and standard deviation than the second one.
First activity has higher expected duration but lower variance and standard deviation than the second one.
None of the answers listed

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!