In Making an Estimate of the Most Pessimistic Time for an Activity

question 68

Multiple Choice

In making an estimate of the most pessimistic time for an activity, a manager deliberately estimates this time too high (i.e., longer than it should be) . What is the result of this action, assuming the beta distribution is being used to make time estimates?

• A) The expected time for this activity will be larger than it should be.
• B) The beta distribution will be symmetric around its mean.
• C) The most likely time for this activity will be larger than it should be.
• D) The variance of the activity will be smaller than it should be.

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Definitions:

Nucleic Acid

Macromolecules composed of nucleotide chains, essential for storage, transmission, and execution of genetic information in living organisms (e.g., DNA and RNA).

Infective Agent

A biological agent, such as bacteria, viruses, fungi, or parasites, capable of causing disease or infection in its host.

Glycoprotein

A type of protein that has carbohydrate molecules attached to it, playing crucial roles in cell-cell recognition, immune function, and protection of cells.

Nanometers

A unit of measurement equal to one billionth of a meter, often used to specify the size of particles or wavelengths in the field of nanotechnology and physics.