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PERTSalesPrice RevenueOptimistic time 10001010,000Most likely time 30,00012 360,000Pessimistic time100,00015 1,500,000Question 1Average expected = (Optimistic + (4 X Most Likely) + Pessimistic)/6Average expected=(1000*10 + 30,000 *12 +100,000 *15)/6491666.6667Question 2Probability revenue < $ 123,123Distribution (Z) = ( X - mean) /Standard deviationx= 123,123mean = 491,667123,1232 491,66762Standard deviation=31standard deviation = 336,584Z= (123,123-491,667)/ 336,584Z= -1.09495Z= 0.1379According to Z-score table0.1379*100 = 13.79%Question 3Probability > $800,000Z= (800,000 - 491,667)/336,584Z= 0.91607Z= 0.1788According to Z-score table0.1788*100= 17.88%Question 4The static variable is being initialized once in the program. The static vxmeanSD123,123491,667336,584y) + Pessimistic)/600 *15)/6program. The static variable also retains its value while in normal variable the value iariable the value is being initialized every time.Name: RiskDescription:The static variable is being initialized once in the program. The static v program. The static variable also retains its value while in normal ... ...


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