Industrial Engineering · PERT
For an activity, the estimates for optimistic, pessimistic and most likely times are 2, 12 and 5 days. The expected time and variance of this activity are (assuming a beta distribution):
- 15.7 days and 2.8 respectively✓
- 26.7 days and 4.5 respectively
- 35 days and 3.5 respectively
- 46 days and 4 respectively
Correct answer
5.7 days and 2.8 respectively
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