Question: Using a beta distribution formula, calculate the cost estimate based on the following three point estimates: Optimistic = $ 2 , 5 0 0 ,

Using a beta distribution formula, calculate the cost estimate based on the following three point estimates: Optimistic = $2,500, Most Likely = $3,500, Pessimistic = $7,200.
Question 10 options:
$4,400
$13,200
$3,950
$3,500

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