Question: The technical team has asked for multiple estimates on a specific product component s delivery time. They fed the results of their measurements into a

The technical team has asked for multiple estimates on a specific product components
delivery time. They fed the results of their measurements into a three-point analysis which
identified the optimistic as 4 weeks, the most likely estimate of 7 weeks, and a pessimistic
estimate of 14 weeks. The variance equals:

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