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A complex project concludes with three paths merging into a final activity,after which the project is completed.Two of these paths are non-critical and have been managed effectively,with slack remaining.The critical path has also been managed well and is on time entering the merge node.Which statement is best?
Exponentially Distributed
It refers to a type of continuous probability distribution that describes the time between events in a Poisson point process, where events occur continuously and independently at a constant average rate.
Parameter λ
A specific numerical or symbolic constant used in mathematics and statistics to represent a characteristic or value in a general function or equation.
Normally Distributed
Describes a symmetrical, bell-shaped distribution of data where most of the observations cluster around the central peak and the probabilities for values farther away from the mean taper off equally in both directions.
Mean
The arithmetic average of a set of values or distribution, calculated by summing the values and dividing by the number of values.
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