To calculate the three-point estimation, we apply the formula: E = (Optimistic + 4*Likely + Pessimistic) / 6. Substituting the given values: E = (35 + 4*40 + 65) / 6 = 43.3 days. To find the standard deviation (SD), we use the formula: SD = (Pessimistic - Optimistic) / 6. Substituting the given values: SD = (65 - 35) / 6 = 5. Therefore, the proper expression of the final estimate is E = 43.3 days, SD = 5.
