Which of the Following Forms Part of Program Evaluation and Review

question 41

Multiple Choice

Which of the following forms part of Program Evaluation and Review Technique (PERT) ?

• A) Beta distribution
• B) Variance
• C) Most probable time
• D) All of above are related to PERT

Understand the concept and computation of quartiles within the context of the normal distribution.

Identify the characteristics that define a continuous random variable.

Understand the impact of standard deviation on the shape of the normal curve.

Distinguish between different probability distributions and identify the characteristics unique to normal distributions.

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Definitions:

Credit

An accounting entry that increases a liability or equity account, or decreases an asset or expense account.

Accounts Payable

Accounts payable are amounts owed by a company to its creditors for goods or services that have been delivered or used but not yet paid for.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing owners' claims on the company's assets.

Revenue Accounts

Accounts that track the income earned by a business from its operational activities, such as sales of goods or services.