The Estimated Variance for an Activity with a Most Likely

question 52

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)0.25 weeks.

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Definitions:

Dedicated Sales Staff

Dedicated sales staff comprises employees solely focused on the sales process and functions, aiming to increase revenue through customer acquisition and retention.

Evaluative Criteria

The various dimensions, standards, or attributes that consumers consider when judging the merits of competing options.

Consideration Set

A group of brands or products that a consumer views as viable options to fulfill a specific need or desire.