The Estimated Variance for an Activity with a Most Likely

question 47

Multiple Choice

The estimated variance for an activity with a most likely time (m) equal to 12 weeks,an optimistic time (a) equal to 9 weeks,and a pessimistic time (b) equal to 18 weeks is

• A)3.75 weeks.
• B)1.50 weeks.
• C)5.25 weeks.
• D)2.25 weeks.

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Definitions:

Nicholas Biddle

A prominent early 19th-century American financier and President of the Second Bank of the United States, known for his battles with President Andrew Jackson over the bank's renewal.

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An American economist who served as the Chairman of the Federal Reserve from 1979 to 1987, known for his measures to combat inflation by controlling money supply.

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The Supreme Court is the highest federal court in the United States, with the power to interpret the Constitution, review laws, and decide on cases involving states or the federal government.

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