Given an Activity's Optimistic,most Likely,and Pessimistic Time Estimates of 2,10,and

question 74

Multiple Choice

Given an activity's optimistic,most likely,and pessimistic time estimates of 2,10,and 20 days respectively,compute the PERT variance for this activity.

• A)3
• B)6
• C)9
• D)18
• E)None of the above

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Definitions:

Final Goods

Products that have completed the manufacturing process and are ready for use by consumers or for investment by businesses without further transformation.

Government Spending

Expenditures by government bodies on goods and services, including transfer payments and public infrastructure investments.

Percent Of GDP

The percentage of Gross Domestic Product (GDP) refers to a key economic indicator that measures a specific component or sector's contribution to the overall economic output of a country, expressed as a percentage of its GDP.

No Particular Trend

A situation where data or movements do not show a consistent direction over time, indicating variability without a clear pattern.