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Question
Which of the following statements regarding PERT times is true?
A) The optimistic time estimate is an estimate of the minimum time an activity will require.
B) The optimistic time estimate is an estimate of the maximum time an activity will require.
C) The probable time estimate is calculated as t = (a + 4m + b).
D) Pessimistic time estimate is an estimate of the minimum time an activity will require.
E) Most likely time estimate is an estimate of the maximum time an activity will require.
Answer
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