Instructions:

The Trigen Function or what is commonly known as the triangular distribution is an important approach to cost risk analysis. This approach is useful in evaluating data and evaluating data in a triangular approach.

• Based on your reading of Triangular Distributions by Petty and Dye, discuss the different values of the triangle and how each value of the triangle can be used in the interview process.
• Also, provide an example of how you would use this process for collecting and analyzing risk data.