In Order to Estimate Completion of a Gaussian Distributed Activity

question 58

True/False

In order to estimate completion of a Gaussian distributed activity with a 90% or higher degree of confidence,the time may be overestimated by as much as 200%.

---

Definitions:

Average Rate

The mean rate calculated over a period or series of events, often used in finance to describe average interest or return rates.

Return

The profit or loss derived from an investment over a particular period, usually expressed as a percentage.

Investment

Putting money into channels with the expectation of financial growth or profit generation.

Equipment

Tangible assets used in the operation or production process of a business, such as machinery, computers, and tools.