Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Following details regarding cost estimate of a project is given: Optimistic cost = $ 8,000 Most likely cost = $ 10,000 Pessimistic cost = $

Following details regarding cost estimate of a project is given: Optimistic cost = $ 8,000 Most likely cost = $ 10,000 Pessimistic cost = $ 15,000 Calculate three point estimate using triangular distribution a $ 5,500 b $ 10,500 c $ 50,500 d $ 11,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Information For Decisions

Authors: Robert w Ingram, Thomas L Albright

6th Edition

9780324313413, 324672705, 324313411, 978-0324672701

More Books

Students also viewed these Accounting questions

Question

1. Let f(x) = 2x+6 if x Answered: 1 week ago

Answered: 1 week ago

Question

=+for the shareholder of the acquiring company?

Answered: 1 week ago

Question

=+for the shareholder of the acquired company?

Answered: 1 week ago

Question

=+for the acquired company?

Answered: 1 week ago