The Following Table of Probabilistic Time Estimates (In Weeks)and Activity

question 42

Multiple Choice

The following table of probabilistic time estimates (in weeks) and activity predecessors are provided for a project.

Table 9.2
-Using Table 9.2,the probability that the project could be completed in 34 weeks or less is approximately

• A)0.86.
• B)0.89.
• C)0.91.
• D)0.96.

---

Definitions:

Realized Gain

The profit earned from the sale of an asset, which has been converted from an unrealized gain into cash or an equivalent.

Available-For-Sale

A classification for securities that are not held to maturity or for trading purposes, with unrealized gains or losses reported in equity.

Carrying Value

The stated value of an asset on a company's balance sheet, minus accumulated depreciation or amortization.

Available-For-Sale

A classification for financial assets indicating they are not primarily held for trading purposes or expected to be sold in the short-term, allowing for changes in value to be recorded in other comprehensive income.