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Below is a table of activities required to finish a project:
Activity
Optimistic
Most Likely
Pessimistic
1
19
20
26
2
4
5
6
3
9
10
In calculating activity times for the project, which one of the following statements is correct? A. Activity 1 will have the lowest variance B. Activity 2 will have a variance of 0.11 C. Activity 3 will have the highest variance D. Activity 4 will have a variance of 0.361
Additional Requirement
In here this question belongs to the operations management and it defines about the activities and their variance in time estimate.
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