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A team of subject matter experts is estimating the time it takes to complete an activity. They come up with the following numbers: Optimistic estimate
A team of subject matter experts is estimating the time it takes to complete an activity. They come up with the following numbers: Optimistic estimate 15 days Most Likely estimate 24 days Pessimistic estimate 30 days Calculate the Expected Duration: (i) Assuming a triangular distribution for the data and (ii) Assuming a Beta Distribution for the data
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Probability With Applications and R
Authors: Robert P. Dobrow
1st edition
1118241257, 1118241258, 978-1118241257
