The weighted average of all possible outcomes of a project, with the probabilities of the outcomes used as weights, is known as the
A. variance.
B. standard deviation.
C. expected value.
D. coefficient of variation.
Answer:C
The weighted average of all possible outcomes of a project, with the probabilities of the outcomes used as weights, is known as the
A. variance. B. standard deviation. C. expected value. D. coefficient of variation.