When Using the Beta Distribution for Estimating Activity Times

question 91

Multiple Choice

When using the beta distribution for estimating activity times:

• A) an advantage is that the mode of the distribution is always equidistant from the end points of the distribution.
• B) the most likely time estimate can be positioned anywhere between the optimistic and pessimistic time estimates.
• C) we assume that the standard deviation is one-third the range between the optimistic and pessimistic time estimates.
• D) the most likely time estimate becomes the mean of the distribution.

---

Definitions:

Parent-Country Nationals

Parent-country nationals are employees who originate from the country where the headquarters of a multinational company is located, often sent abroad to work in the company's foreign operations.

Corporate Culture

The set of shared attitudes, values, goals, and practices that characterizes an institution or organization, influencing the behavior of individuals within it.

Repatriation

The process of PCNs, TCNs, or even HCNs returning to their home headquarters or home subsidiaries.

Home Headquarters

The primary operational location or main office of a company, usually where key decisions are made.