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In the PERT project scheduling technique each activity requires three times estimates (optimistic, most likely and pessimistic) so that the expected time can be calculated.

In the PERT project scheduling technique each activity requires three times estimates (optimistic, most likely and pessimistic) so that the expected time can be calculated. Assuming a beta probability distribution (like the provided diagram) for an individual project activity which of the following statements is true?

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Probability Pessimistic Optimistic I Most likely m

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