Question
Download Solution PDFThe optimistic, most likely and pessimistic time of an activity are 6, 9 and 12 days respectively. The standard deviation and variance of the activity are ________ respectively.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFConcept:
Optimistic time (to), Pessimistic time (tp), Most likely time (tm):
Expected time: \({t_E} = \frac{{{t_o} + 4{t_m} + {t_p}}}{6}\)
Standard deviation: \(\sigma = \frac{{{t_p} - {t_o}}}{6}\)
For a PERT network,\(\;{\sigma ^2} = {\left( {\frac{{{t_p} - {t_o}}}{6}} \right)^2}\)
The variance is given by:
\(V = {\sigma ^2} = {\left( {\frac{{{t_p} - {t_o}}}{6}} \right)^2}\)
Calculation:
Given:
to = 6, tm = 9, tp = 12
Standard deviation: \(\sigma = \frac{{{t_p} - {t_o}}}{6}\)
\(\sigma = \frac{{{12} - {6}}}{6}=1\)
\(V = {\left( {\frac{{{t_p} - {t_o}}}{6}} \right)^2} = {\left( {\frac{{12 - 6}}{6}} \right)^2} = 1\)Last updated on May 19, 2025
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