In a PERT formulation, the Optimistic, Most likely and the Pessimistic times for the completion of an activity in a project are known to be 6, 12 and 24 weeks.

Which of the following statements is TRUE?

1
The expected time (in weeks) of completion of the activity, and the standard deviation (in weeks) 12 and 3, respectively.
2
The expected time (in weeks) of completion of the activity, and the standard deviation (in weeks) 13 and 4, respectively.
3
The expected time (in weeks) of completion of the activity, and the standard deviation (in weeks) 12 and 4, respectively.
4
The expected time (in weeks) of completion of the activity, and the standard deviation (in weeks) 13 and 3, respectively.

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