Standard Deviation given Optimistic and Pessimistic Time Formula

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The Standard Deviation is a measure of how spread out numbers are. Check FAQs
σ=TPessimistic-Toptimistic6
σ - Standard Deviation?TPessimistic - Pessimistic Time?Toptimistic - Optimistic Time?

Standard Deviation given Optimistic and Pessimistic Time Example

With values
With units
Only example

Here is how the Standard Deviation given Optimistic and Pessimistic Time equation looks like with Values.

Here is how the Standard Deviation given Optimistic and Pessimistic Time equation looks like with Units.

Here is how the Standard Deviation given Optimistic and Pessimistic Time equation looks like.

0.1667Edit=10Edit-9Edit6
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Standard Deviation given Optimistic and Pessimistic Time Solution

Follow our step by step solution on how to calculate Standard Deviation given Optimistic and Pessimistic Time?

FIRST Step Consider the formula
σ=TPessimistic-Toptimistic6
Next Step Substitute values of Variables
σ=10d-9d6
Next Step Convert Units
σ=864000s-777600s6
Next Step Prepare to Evaluate
σ=864000-7776006
Next Step Evaluate
σ=14400s
Next Step Convert to Output's Unit
σ=0.166666666666667d
LAST Step Rounding Answer
σ=0.1667d

Standard Deviation given Optimistic and Pessimistic Time Formula Elements

Variables
Standard Deviation
The Standard Deviation is a measure of how spread out numbers are.
Symbol: σ
Measurement: TimeUnit: d
Note: Value should be greater than 0.
Pessimistic Time
A pessimistic Time is the longest time that an activity could take if everything is wrong.
Symbol: TPessimistic
Measurement: TimeUnit: d
Note: Value should be greater than 0.
Optimistic Time
Optimistic Time is the shortest possible time to complete the activity if all goes well.
Symbol: Toptimistic
Measurement: TimeUnit: d
Note: Value should be greater than 0.

Other formulas in Time Estimation category

​Go Early Finish Time
EFT=EST+S
​Go Expected Waiting Time for Customers in Queue
Wq=λaµ(µ-λa)
​Go Expected Waiting Time for Customers in System
Ws=1µ-λa
​Go Free Float
FF0=EFT-EST-tactivity

How to Evaluate Standard Deviation given Optimistic and Pessimistic Time?

Standard Deviation given Optimistic and Pessimistic Time evaluator uses Standard Deviation = (Pessimistic Time-Optimistic Time)/6 to evaluate the Standard Deviation, The Standard Deviation given Optimistic and Pessimistic Time is a measure of the amount of variation or dispersion of a set of values, and also a measure of how spread the data is. Standard Deviation is denoted by σ symbol.

How to evaluate Standard Deviation given Optimistic and Pessimistic Time using this online evaluator? To use this online evaluator for Standard Deviation given Optimistic and Pessimistic Time, enter Pessimistic Time (TPessimistic) & Optimistic Time (Toptimistic) and hit the calculate button.

FAQs on Standard Deviation given Optimistic and Pessimistic Time

What is the formula to find Standard Deviation given Optimistic and Pessimistic Time?
The formula of Standard Deviation given Optimistic and Pessimistic Time is expressed as Standard Deviation = (Pessimistic Time-Optimistic Time)/6. Here is an example- 1.9E-6 = (864000-777600)/6.
How to calculate Standard Deviation given Optimistic and Pessimistic Time?
With Pessimistic Time (TPessimistic) & Optimistic Time (Toptimistic) we can find Standard Deviation given Optimistic and Pessimistic Time using the formula - Standard Deviation = (Pessimistic Time-Optimistic Time)/6.
Can the Standard Deviation given Optimistic and Pessimistic Time be negative?
No, the Standard Deviation given Optimistic and Pessimistic Time, measured in Time cannot be negative.
Which unit is used to measure Standard Deviation given Optimistic and Pessimistic Time?
Standard Deviation given Optimistic and Pessimistic Time is usually measured using the Day[d] for Time. Second[d], Millisecond[d], Microsecond[d] are the few other units in which Standard Deviation given Optimistic and Pessimistic Time can be measured.
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