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An Estimate of the Duration of a Task That Is

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An estimate of the duration of a task that is based on a weighted average of a range of possible task durations is known as:


Definitions:

Sample Mean

The arithmetic average of a set of values sampled from a population, used as an estimate of the population mean.

Confidence Interval

A confidence interval provides a range of values, estimated from sample data, that is likely to contain the value of an unknown population parameter, along with a specified level of confidence.

Standard Deviation

An indication of how much the values in a dataset spread out or diverge from one another.

Mean Grams of Fat

The average amount of fat, measured in grams, consumed or contained in a particular diet or food item.

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