A Simple Sequential Project (Each Task Must Be Completed Before

question 5

Multiple Choice

A simple sequential project (each task must be completed before the next one can begin) has the time estimates (in days) shown below: What is the likelihood the project will be completed in 10 days?

• A)Between 88 and 88 percent
• B)Between 89 and 92 percent
• C)Between 93 and 98 percent
• D)Between 99 and 100 percent

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Definitions:

Small Business Owners

Individuals who own and operate companies that are typically defined by their small size in terms of employees and revenue.

General Public

This term refers to the ordinary people in society at large, distinct from the members of a particular group, profession, or government.

Moderate Risk

A level of danger or potential for loss that is considered to be within a reasonable or manageable range.

Typical Entrepreneur

Someone who sets up and runs business ventures, facing more significant financial risks than typically expected.