1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alik [6]
2 years ago
14

Which probability distribution is commonly used to model the inherent variability of activity time estimates in project manageme

nt
Business
1 answer:
Ksivusya [100]2 years ago
5 0

Answer:

Beta distribution

Explanation:

Beta distribution In probability theory

is regarded as a part of continuous probability distributions with a defined interval which could be 0 and 1, and it is characterized with two positive parameters (α and β) which is seen as

as exponents of the random variable .

It should be noted that Beta distribution probability is commonly used to model the inherent variability of activity time estimates in project management

You might be interested in
You have been asked to appraise the market value of a three-bedroom house with two bathrooms that is going to be sold tomorrow.
Vladimir [108]

Answer: $252,000

Explanation:

Property worth $275,000, 4 weeks ago had 3 bedrooms and 3 bathrooms.

House to be appraised has 3 bedrooms and 2 bathrooms meaning it has one less bathroom than the other house.

Value of bathroom is $15,000 so;

= 275,000 - 15,000

= $260,000

House to be appraised was worth $260,000 4 weeks ago.

Prices have been reducing at $2,000 per week for four weeks.

= 2,000 * 4

= 8,000

Value of house = 260,000 - 8,000

= $252,000

3 0
3 years ago
The following data relate to direct labor costs for the current period:
mr Goodwill [35]

Answer:$2,125 unfavorable

Explanation:

Given

Standard costs     9,000 hours at $5.50

Actual costs        8,500 hours at $5.75

we have two formulas to calculate  for direct labor rate variance is:

1ST ----Direct Labor rate variance = (Actual Rate- Standard Rate ) x Actual hour

=( $5.75 -$5.50) x 8,500 =  $2,125 unfavorable

2ND----Direct Labor Rate Variance=Actual Direct Labor Cost Incurred - Standard Direct Labor Cost Based on Actual Hours

=Actual Hours x Actual Rate -Actual Hours x Standard Rate

= ($5.75 x 8,500 hours)-($5.50 x 8,500 hours)

$48,875 - $46,750 = $2,125 unfavorable

when the  actual rate is higher than the standard rate, the Direct Labor Rate Variance is unfavorable and if the actual rate is lower than standard rate, the variance is favorable.

3 0
3 years ago
Suppose changes in autonomous consumption affect investment while changes in autonomous government spending do not. in this case
Charra [1.4K]
 in this case, identical changes in autonomous consumption and autonomous government spending: <span> have different effects on equilibrium income

When a factor is implemented and have two different reaction, it is safe to assume that that factor have two different effects.
For example, an increasing interest in technology(autonomous consumption) may increased the investment for tech products. The government spending may not give as much influence in this context because it wont affect the transaction between the customers and the producer
</span>
8 0
3 years ago
Help me please really need it​
Rainbow [258]

Answer:Please take a more clear photo of the paper and I can further help

Explanation:

I can't see anything.

7 0
2 years ago
This week, you will be drafting an ATS resumé (applicant tracking system), and a cover letter. Discuss your experience with thes
FrozenT [24]

Using redesign template designs  you can think about the relationship between your resumé and cover letter.

What is ATS (applicant tracking system) ?

An applicant tracking system (ATS) can be used by businesses to organize and monitor candidates for hiring and recruitment purposes. With the use of these tools, businesses may collect data, categorize prospects based on their experience and skill level, and screen potential employees.

More than 90% of Fortune 500 organizations currently employ ATSs. Even though these systems are excellent at keeping candidate information, the best application tracking systems can keep track of all communications with candidates. By making it easier to search and filter resumes and other applicant information, this decreases time to fill and ensures that businesses obtain the best candidates for the position.

to learn more about ATS click:

brainly.com/question/17080223

#SPJ9

7 0
1 year ago
Other questions:
  • The manager of a bank branch is concerned about the number of mistakes the tellers were making, so he started manipulating diffe
    11·1 answer
  • Managerial performance can be measured in many different ways including return on investment (ROI) and residual income. A good r
    15·1 answer
  • Which of the following is/are true about specialists? I. Investment banks generally cannot be specialists. II. Specialists are u
    10·1 answer
  • A(n) _____ is a general belief about a person or group of people that may not be true.
    11·2 answers
  • The largest royalty for texas university endowment comes from which economic product?
    14·1 answer
  • An​ "excessive" budget deficit in this context is
    6·1 answer
  • In terms of interests in real property, this is not an interest in land but a temporary right to use another's land for a limite
    10·1 answer
  • *LOOK AT THE PHOTO PLEASE*<br> By law, people who file for bankruptcy
    10·1 answer
  • Gardner Corporation manufactures skateboards and is in the process of preparing next year's budget. The pro forma income stateme
    7·1 answer
  • Because of its usefulness in CVP analysis, managers generally use an income statement in which format
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!