Question

What is the most likely a cardinal rule of risk modeling?

Answer 1

Answer:

Values around the most likely are more likely to occur. However values between the most likely and extremes are more likely to occur than the triangular; that is, the extremes are not as emphasized. An example of the use of a PERT distribution is to describe the duration of a task in a project management model.

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Answer 2

Answer:

Answer:

values between the most likely and extremes are more likely to occur than the triangular;