Final answer:
The expected times and variances for each activity can be calculated using the three-point estimation method. The expected time is calculated as (a + 4m + b)/6, and the variance is calculated as ((b - a)/6)^2.
Step-by-step explanation:
To determine the expected times and variances for each activity, we need to use the three-point estimation method. The expected time for an activity is calculated as (a + 4m + b)/6, where a is the optimistic estimated duration, m is the most likely estimated duration, and b is the pessimistic estimated duration.
For example, for activity A, the expected time is (8 + 4(10) + 12)/6 = 10 days. The variance for an activity is calculated as ((b - a)/6)^2.
Using this method, we can calculate the expected times and variances for all the activities:
A: Expected time = 10 days, Variance = ((12 - 8)/6)^2 = 0.44
B: Expected time = 7 days, Variance = ((8 - 6)/6)^2 = 0.11
C: Expected time = 4.67 days, Variance = ((6 - 3)/6)^2 = 0.33
D: Expected time = 16.67 days, Variance = ((30 - 10)/6)^2 = 13.33
E: Expected time = 7.67 days, Variance = ((8 - 6)/6)^2 = 0.11
F: Expected time = 10.17 days, Variance = ((11 - 9)/6)^2 = 0.11
G: Expected time = 8.83 days, Variance = ((11 - 6)/6)^2 = 0.83
H: Expected time = 15 days, Variance = ((16 - 14)/6)^2 = 0.11
I: Expected time = 15.83 days, Variance = ((16 - 14)/6)^2 = 0.11
J: Expected time = 7.67 days, Variance = ((8 - 6)/6)^2 = 0.11
K: Expected time = 7.33 days, Variance = ((10 - 4)/6)^2 = 0.89
L: Expected time = 2.83 days, Variance = ((6 - 1)/6)^2 = 1.33