Standard Deviation given Optimistic and Pessimistic Time Solution

STEP 0: Pre-Calculation Summary
Formula Used
Standard Deviation = (Pessimistic Time-Optimistic Time)/6
σ = (TPessimistic-Toptimistic)/6
This formula uses 3 Variables
Variables Used
Standard Deviation - (Measured in Second) - The Standard Deviation is a measure of how spread out numbers are.
Pessimistic Time - (Measured in Second) - A pessimistic Time is the longest time that an activity could take if everything is wrong.
Optimistic Time - (Measured in Second) - Optimistic Time is the shortest possible time to complete the activity if all goes well.
STEP 1: Convert Input(s) to Base Unit
Pessimistic Time: 10 Day --> 864000 Second (Check conversion ​here)
Optimistic Time: 9 Day --> 777600 Second (Check conversion ​here)
STEP 2: Evaluate Formula
Substituting Input Values in Formula
σ = (TPessimistic-Toptimistic)/6 --> (864000-777600)/6
Evaluating ... ...
σ = 14400
STEP 3: Convert Result to Output's Unit
14400 Second -->0.166666666666667 Day (Check conversion ​here)
FINAL ANSWER
0.166666666666667 0.166667 Day <-- Standard Deviation
(Calculation completed in 00.004 seconds)

Credits

Creator Image
Created by Suman Ray Pramanik
Indian Institute of Technology (IIT), Kanpur
Suman Ray Pramanik has created this Calculator and 50+ more calculators!
Verifier Image
Verified by Akshada Kulkarni
National Institute of Information Technology (NIIT), Neemrana
Akshada Kulkarni has verified this Calculator and 900+ more calculators!

Time Estimation Calculators

Expected Waiting Time for Customers in Queue
​ Go Expected Waiting Time for Customers in Queue = Mean Arrival Rate/(Mean Service Rate*(Mean Service Rate-Mean Arrival Rate))
Free Float
​ Go Free Float = Early Finish Time-Early Start Time-Activity Time
Expected Waiting Time for Customers in System
​ Go Expected Waiting Time for Customers in System = 1/(Mean Service Rate-Mean Arrival Rate)
Early Finish Time
​ Go Early Finish Time = Early Start Time+Safety Stock

Standard Deviation given Optimistic and Pessimistic Time Formula

Standard Deviation = (Pessimistic Time-Optimistic Time)/6
σ = (TPessimistic-Toptimistic)/6

What is Standard Deviation?

The standard deviation is a measure of the amount of variation or dispersion of a set of values. A low standard deviation indicates that the values tend to be close to the mean (also called the expected value) of the set, while a high standard deviation indicates that the values are spread out over a wider range.

How to Calculate Standard Deviation given Optimistic and Pessimistic Time?

Standard Deviation given Optimistic and Pessimistic Time calculator uses Standard Deviation = (Pessimistic Time-Optimistic Time)/6 to calculate 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 calculate Standard Deviation given Optimistic and Pessimistic Time using this online calculator? To use this online calculator for Standard Deviation given Optimistic and Pessimistic Time, enter Pessimistic Time (TPessimistic) & Optimistic Time (Toptimistic) and hit the calculate button. Here is how the Standard Deviation given Optimistic and Pessimistic Time calculation can be explained with given input values -> 14400 = (864000-777600)/6.

FAQ

What is Standard Deviation given Optimistic and Pessimistic Time?
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 and is represented as σ = (TPessimistic-Toptimistic)/6 or Standard Deviation = (Pessimistic Time-Optimistic Time)/6. A pessimistic Time is the longest time that an activity could take if everything is wrong & Optimistic Time is the shortest possible time to complete the activity if all goes well.
How to calculate Standard Deviation given Optimistic and Pessimistic Time?
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 is calculated using Standard Deviation = (Pessimistic Time-Optimistic Time)/6. To calculate Standard Deviation given Optimistic and Pessimistic Time, you need Pessimistic Time (TPessimistic) & Optimistic Time (Toptimistic). With our tool, you need to enter the respective value for Pessimistic Time & Optimistic Time and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
Let Others Know
Facebook
Twitter
Reddit
LinkedIn
Email
WhatsApp
Copied!