Project task E has the following estimates: (1)optimistic time - 10 days (2)Pessimistic time - 20 days,and (3)Most likely time - 12 Days.The expected time using the beta statistical distribution is __________ days.
A)9
B)13
C)15
D)22

Question

Quizplus · Accepted Answer

We can calculate the expected time using the beta distribution formula: 
Expected Time = (optimistic time + 4 * most likely time + pessimistic time) / 6 
= (10 + 4*12 + 20) / 6 
= 13 days. 
Therefore, the best choice is B.

Project Task E Has the Following Estimates: (1)optimistic Time -