An Activity Has an Optimistic Time of 16, a Most

question 38

Multiple Choice

An activity has an optimistic time of 16, a most likely time of 25, and a pessimistic time of 40. What is the variance for the activity?

• A) 15 − 20
• B) 20.01 − 25
• C) 25.01 − 30
• D) 30.01 − 35
• E) Over 35

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Definitions:

ROI

Return on investment; a measure of the profitability of an investment expressed as a percentage of the initial amount invested.

Profit Goals

Specific financial targets that a company aims to achieve within a certain period, often measured in terms of net income or margin percentages.

Customer Perceptions

The understanding or view that customers have towards a product, service, or business, influenced by marketing, experience, and word-of-mouth.