Essay Available:
Pages:
2 pages/≈550 words
Sources:
Check Instructions
Style:
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Subject:
Mathematics & Economics
Type:
Exam
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 5
Topic:
probalbility and startisttics
Instructions:
The number of days the project will be completed, if the company projects a 99% probability for completion.
Z≤(T,-T2)/σ
Where
Z= Z score =2.58 at 99% confidence interval
Z=Z Score
σ=standard deviation
T,=mean completion time
T2=target competion time
2.58=(T,-50)/3.24
T,=58.35 days
QUESTION 2
. The probability that the project will be completed in 50 minutes.
Solution
Paths Duration Variance
ABDE
36.0 5.50
ACDE
46.0 6.90
Critical path
Project duration Variance Standard deviation
ACDE
46.0 minutes 6.90 2.627.
Content:
The number of days the project will be completed, if the company projects a 99% probability for completion.
Z≤T,-T2σ
Where
Z= Z scor
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