Multiple Choice
In making an estimate of the most pessimistic time for an activity, a manager deliberately estimates this time too high (i.e., longer than it should be) . What is the result of this action, assuming the beta distribution is being used to make time estimates?
A) The most likely time for this activity will be larger than it should be.
B) The variance of the activity will be smaller than it should be.
C) The beta distribution will be symmetric around its mean.
D) The expected time for this activity will be larger than it should be.
Correct Answer:
Verified
Correct Answer:
Verified
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Q134: Table 7.4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1252/.jpg" alt="Table 7.4
Q135: Table 7.5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1252/.jpg" alt="Table 7.5
Q137: Table 7.6<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1252/.jpg" alt="Table 7.6
Q138: Table 7.10<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1252/.jpg" alt="Table 7.10
Q139: Table 7.4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1252/.jpg" alt="Table 7.4