Question
Calculate the cost estimate according to the beta distribution if the optimistic estimate is $400, most likely estimate is $800 and the pessimistic estimate is
Calculate the cost estimate according to the beta distribution if the optimistic estimate is $400, most likely estimate is $800 and the pessimistic estimate is $1600. Explain the formula chosen for the calculation.
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Handbook Of Key Global Financial Markets Institutions And Infrastructure
Authors: Gerard Caprio
1st Edition
0123978734, 9780123978738
