Given an Activity's Optimistic,most Likely,and Pessimistic Time Estimates of 3,5,and

question 19

Multiple Choice

Given an activity's optimistic,most likely,and pessimistic time estimates of 3,5,and 13 days respectively,compute the expected time for this activity.

• A)3
• B)4
• C)5
• D)6
• E)None of the above

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Definitions:

Preferred Stock

A class of stock that carries with it the right to receive payment of dividends and/or the distribution of assets on the dissolution of the corporation before other classes of stock receive their payments.

Dividends

Net profits, or surplus, set aside for shareholders.

Dissolution

A change in the relation of partners caused by any partner ceasing to be associated in the carrying on of the business.

Limited Liability Company

A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.