A project manager wants to represent the distribution of uncertainty around a risk model element. However, good data on the variability of the risk model element has not been collected, and only contains minimum and maximum values.
What curve should the project manager use to represent the distribution?
When a project manager has only the minimum and maximum values for the variability of a risk model element and lacks detailed data on its distribution, the appropriate curve to use is the uniform distribution. A uniform distribution assumes that all values within the specified range are equally likely to occur, making it a suitable choice for representing uncertainty in the absence of detailed data.
the correct answer is uniform because it contains only contains minimum and maximum values.
Answer A is correct. A uniform distribution is a type of probability distribution in which all outcomes are equally likely. It is also known as a rectangular distribution because the probability density function of the uniform distribution is a constant within the given range and zero outside the range. The uniform distribution does not have any specific parameters; it only contains the minimum and maximum values of the range. It is also the most commonly used probability distribution in uncertainty analysis.
A uniform distribution assumes that all values within a given range (in this case, between the minimum and maximum values) are equally likely to occur
Correct answer is A. Uniform distributions can be used if there is no obvious value that is more likely than any other between specified high and low bounds, such as in the early concept stage of design.