Question: Using the PERT formula for project activities, what is the expected cost: $2 = optimistic cost $10 = most likely cost $12 = pessimistic cost

Using the PERT formula for project activities, what is the expected cost:

$2 = optimistic cost

$10 = most likely cost

$12 = pessimistic cost

1) $12

2) $8

3) $9

4) $10

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