The Expected Completion Time and Variance of an Activity Is

question 45

True/False

The expected completion time and variance of an activity is approximated by the normal distribution in a PERT analysis.

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Definitions:

Indentured Servants

Laborers bound under a contract to work for a specific person for a designated period in exchange for transportation, food, and accommodation.

Manufacturing

The process of producing goods in large quantities using machinery and labor, often within an industrial setting.

Trade

The exchange of goods, services, or both within and between countries or individuals.

Exported

The act of sending goods or services from one country to another country for sale or trade.