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A team of 6 members has an average velocity of 25 story points (per sprint). They need to deliver a backlog of 125 story points

A team of 6 members has an average velocity of 25 story points (per sprint). They need to deliver a backlog of 125 story points at iterations of 2 weeks duration. Assuming that the weekly labor rate of each team member is $1000 what would be the estimated budget of the project? Consider only labor costs. Question 11Answer a. 125,000 b. 50,000 c. 60,000 d. 25,000

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