A PERT/CPM activity has an optimistic time estimate of 4 days, a most likely time estimate of 6 days, and a pessimistic time estimate of 10 days. The standard deviation of this activity is:

Before the Commission shall censure a licensee or before revoking or suspending a license,it shall:

A. Impose a fine not to exceed $5,000. B. Refund any fees paid by the licensee. C. Submit a report to the Attorney General. D. Provide for a hearing for the license holder.

Marco bought 100 shares of Xtreem Energy Drink stock at $75 per share. One year later the stock price is $87, and Marco is content to watch his investment grow. Which of the following statements is true?

A) Marco has earned a capital gain of $1,200. B) Marco has earned a capital gain of $12. C) Marco has earned no capital gain. D) Marco has taken a capital loss of $1,200. E) Marco has taken a capital loss of $12.