Following Are Four Sets of Most Optimistic, Most Likely, and Most

question 81

Multiple Choice

Following are four sets of most optimistic, most likely, and most pessimistic times (in weeks) for an activity. Which one of the four sets will have a mean estimated time equal to the most likely time?

• A) 1, 9, 9
• B) 1, 5, 9
• C) 1, 1, 9
• D) 1, 5, 5

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Definitions:

Write "VOID"

An action taken to invalidate a document or cheque by writing the word "VOID" across it.

Mobile Banking

A banking method that allows the bank customer to perform banking actions on his or her cell phone or other mobile device.

Banking Transactions

Financial activities conducted through a bank, such as deposits, withdrawals, transfers, and payments.

Smartphone

A smartphone is a mobile device that combines cellular connectivity, computing capabilities, and internet access, along with other functionalities.