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PMI Exam PMI-100 Topic 2 Question 64 Discussion

Actual exam question for PMI's PMI-100 exam
Question #: 64
Topic #: 2
[All PMI-100 Questions]

Which of the following is a statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen?

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Suggested Answer: D

by Gregoria at Dec 22, 2023, 10:08 AM

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Kassandra
25 days ago
You know, I was totally going to pick A) Sensitivity analysis, but now I'm not so sure. Maybe we should pool our knowledge and see if we can figure this out together.
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Kenny
26 days ago
I was leaning towards C) Modeling and simulation, but I think Corinne makes a good point. Expected monetary value analysis does seem to fit the description better.
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Corinne
27 days ago
Hmm, I think the answer might be D) Expected monetary value analysis. This concept takes into account the probability of different outcomes and calculates the average expected value.
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Alishia
28 days ago
This question seems to be testing our understanding of statistical concepts. The key is to identify the option that calculates the average outcome when the future includes uncertain scenarios.
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Alpha
9 days ago
D) Expected monetary value analysis
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Colette
10 days ago
D) Expected monetary value analysis
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Dominque
11 days ago
C) Modeling and simulation
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Joseph
12 days ago
B) Three-point estimate
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Reita
13 days ago
A) Sensitivity analysis
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