The expected time in PERT is

A) a weighted average of the most optimistic time, most pessimistic time, and four times the most likely time.
B) the modal time of a beta distribution.
C) a simple average of the most optimistic, most likely, and most pessimistic times.
D) the square root of the sum of the variances of the activities on the critical path.
E) None of the above

A

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George and Helen are husband and wife. During 2017, George gave $36,000 to his brother and Helen gave $28,000 to her niece. George and Helen both agree to split the gifts they made during the year. What is the taxable amount of gifts, after the annual exclusion, each must report on Form 709?

A. George and Helen each have taxable gifts of $18,000. B. George has a taxable gift of $22,000 and Helen has a taxable gift of $14,000. C. George and Helen each have taxable gifts of $4,000. D. George has a taxable gift of $8,000 and Helen has a taxable gift of zero.

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Minimizing one's maximum losses is identical to maximizing one's minimum gains

Indicate whether the statement is true or false

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