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Question No.1
A team member from research and development tells you that her work is too creative to provide you
with a fixed single estimate for the activity duration . You came across three different duration (hrs.)
values describing pessimistic, most likely and optimistic values i.e., a) 47 (b) 27 (c) 14 respectively.
You both decide to use a three-point estimation technique. Answer the following questions. Also
compare outcomes of both triangular and beta distribution estimates. (10) (CLO2)