In Calculating the Probability of a Project Being Completed on Time,applying

question 89

Multiple Choice

In calculating the probability of a project being completed on time,applying the relevant formulas for expected time and variance allows us to calculate ______.

• A)the most likely time for each activity
• B)the expected cost for the project
• C)the actual cost for the project
• D)the start date for the project

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Definitions:

Salary

Regular payments usually made monthly or bi-weekly to an employee, often annualized, for performing a job.

Payroll Taxes

Levies charged to both employers and workers, determined as a proportion of the wages that businesses distribute to their personnel.

Federal Government

The national government of a federated state, which holds the authority to govern at a national level as distinct from regional or local levels.

Average Tax Rate

The fraction of total income that is paid as taxes, calculated by dividing the total amount of taxes paid by the taxpayer's total income.