The Following Table of Probabilistic Time Estimates (In Weeks)and Activity

question 81

Multiple Choice

The following table of probabilistic time estimates (in weeks) and activity predecessors are provided for a project.
Table ZZ
-Using Table ZZ,the variance of the project's total completion time is

• A)5.472 weeks.
• B)5.222 weeks.
• C)4.872 weeks.
• D)3.752 weeks.

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Definitions:

Free Trade

A policy to eliminate discrimination against imports and exports, allowing goods to move freely between countries without tariffs or quotas.

Comparative Advantage

The ability of an entity to produce a good or offer a service at a lower opportunity cost than its competitors.

Dumping

The practice of a company selling a product in a foreign market at a price lower than its cost of production or lower than the price in its domestic market.

Diversification

An investment strategy that involves spreading investments among various financial instruments, industries, and other categories to reduce risk.