The Beta Distribution Is Used in Project Management to

question 34

Multiple Choice

The Beta distribution is used in project management to

• A) determine which activity should be crashed
• B) calculate the probability that a project will be completed within its budget
• C) calculate expected activity times
• D) calculate slack for activities on the critical path
• E) none of the above

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Definitions:

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often resulting in prejudice and discrimination.

Color-blindness

An approach or ideology that disregards racial and ethnic differences, which can unintentionally perpetuate disparities.

Racism

Prejudice, discrimination, or antagonism directed against someone of a different race based on the belief that one's own race is superior.

Poverty

A socioeconomic condition characterized by a lack of financial resources or means necessary to meet basic needs such as food, shelter, and healthcare.