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Author Question: When using the beta distribution for estimating activity times: (Read 1022 times)

pepyto

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on: Apr 18, 2020
When using the beta distribution for estimating activity times:
◦ the most likely time estimate can be positioned anywhere between the optimistic and pessimistic time estimates.
◦ we assume that the standard deviation is one-third the range between the optimistic and pessimistic time estimates.
◦ the most likely time estimate becomes the mean of the distribution.
◦ an advantage is that the mode of the distribution is always equidistant from the end points of the distribution.
Operations Management ¦ Krajewski, Ritzman ¦ 7th Edition
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Marked as best answer by pepyto on Apr 18, 2020

jsm54321

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Reply #1 on: Apr 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Nico Estrada

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Reply #2 on: Aug 8, 2022
Thank You
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