With probabilistic time estimates, when we calculate the expected time for an activity, we treat each activity time estimate as a random variable derived from a ______________ probability distribution.
a) normal
b) beta
c) gamma
d) Poisson
e) uniform
b) beta
Business
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________ is the absence of knowledge of the outcome of an event before it happens
A) Return B) Diversification C) Uncertainty D) Certainty
Business
The boundaries of the global village are drawn by the major economic powers–the United States, China, and Japan
Indicate whether the statement is true or false.
Business