Solved

When Using the Beta Probability Distribution to Estimate Activity Times

Question 6

Multiple Choice

When using the beta probability distribution to estimate activity times, which of the following statements is TRUE?


A) The use of most optimistic, most likely, and most pessimistic times for an activity will result in a determination of the expected times for that activity.
B) The beta distribution is used as a way of approximating a normal probability distribution for time estimates.
C) The larger the difference between most pessimistic time and most optimistic time for an activity, the smaller the variance of that time estimate.
D) The project manager is usually the only person involved in making time estimates, since obtaining estimates from workers involved in the activities would result in inconsistent estimates.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents