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If the pessimistic estimate of a project is Rs. 12 Cr, the optimistic is Rs. 9 Cr and the most likely estimate is Rs. 10 Cr, then the expected value (
Question

If the pessimistic estimate of a project is Rs. 12 Cr, the optimistic is Rs. 9 Cr and the most likely estimate is Rs. 10 Cr, then the expected value (Rs. In Cr) would be

A.

10.16

B.

10

C.

11.42

D.

12

Correct option is A

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