Question: please show work 2.2) A project manager has created an optimistic estimate of $1,450, a most likely estimate of $2,300, and a pessimistic estimate of

please show work please show work 2.2) A project manager has
2.2) A project manager has created an optimistic estimate of $1,450, a most likely estimate of $2,300, and a pessimistic estimate of $3,650 for a portion of his project. What is the probabilistic estimate (weighted average) in this scenario? (2 points)

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!

Q:

Hello, I have doubts on how I calculate the expected duration (mu) and the variance (sigma square) please show work and explain in detail. HOMEWORK 1: Shale Oil Company Case Shale Oil Company's...

Q:

DigiMerchant Revisited - Assignment 2 Candice Edwards xes her eyes on those of her partner Ray Olsen and says rmly, \"Alright. Let's do it.\" And with those words, DigiMerchant, a rm that specializes...

Q:

DigiMerchant Revisited - Assignment 2 Candice Edwards xes her eyes on those of her partner Ray Olsen and says rmly, \"Alright. Let's do it.\" And with those words, DigiMerchant, a rm that specializes...

Q:

DigiMerchant Revisited - Assignment 2 Candice Edwards xes her eyes on those of her partner Ray Olsen and says rmly, \"Alright. Let's do it.\" And with those words, DigiMerchant, a rm that specializes...

Q:

DigiMerchant Revisited - Assignment 2 Candice Edwards xes her eyes on those of her partner Ray Olsen and says rmly, \"Alright. Let's do it.\" And with those words, DigiMerchant, a rm that specializes...

Q:

DigiMerchant Revisited - Assignment 2 Candice Edwards xes her eyes on those of her partner Ray Olsen and says rmly, \"Alright. Let's do it.\" And with those words, DigiMerchant, a rm that specializes...

Q:

DigiMerchant Revisited - Assignment 2 Candice Edwards xes her eyes on those of her partner Ray Olsen and says rmly, \"Alright. Let's do it.\" And with those words, DigiMerchant, a rm that specializes...

Q:

Need Help with this multistep question please Question 32 (2 points) If you had an activity with a optimistic time estimate of 3, a most likely estimate of 5, and a pessimistic estimate of 8, what...

Q:

Finally! Its the end of 2019 and you are sitting at your new desk in a plush office in north Bogota, with a delicious cup of Colombian coffee. You think about all it took to get here, in your dream...

Q:

PROJECT INFORMATION Project Title: Property condition program Project Aim: desarrollar un sistema eficiente para validar y cargar datos de condiciones de propiedades al sistema BiiP del Departamento...

Q:

Doan Company requested that you (1) Assign indirect expenses to its jewelry and shoes departments as appropriate (2) Prepare an income statement for July 201X showing departmental contribution margin...

Q:

Unfortunately, intellectual property law cannot protect the business everywhere. For example, there is a flood of cheap imitations of Japanese motorcycles on the Chinese market, and Honda Motor...

Q:

1 pls Duocestiul expatriates possess global mindset attributes that contribute to their effectiveness in infernational roles. which of the following are rrocgiund as major global mindset attributes...

Q:

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...