SOLVED:You are in the process of estimating the mean duration value for an activity. You use the PERT approach and ask for the optimistic, most likely, and pessimistic duration estimates for the activity to 7 different experts. Having obtained these values, you calculate the mean activity duration estimated by each expert as reported in the table below. Now you need to reconcile these values to obtain a single estimate for the mean activity duration. Calculate such a single estimate using both t
SOLVED:You are in the process of estimating the mean duration valu…
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