A project manager needs to determine the probability of completing a project in 80 days or less. The expected project duration is 65 days with a standard deviation of 9 days. What is the probability for completion of project in the specified time? a) 50% b) 95% c) 99% d) None of the above
A project manager needs to determine the probability of completing a project in 80 days or less. The expected project duration is 65 days with a standard deviation of 9 days. What is the probability for completion of project in the specified time? a) 50% b) 95% c) 99% d) None of the above
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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![A project manager needs to determine the probability of completing a project in 80
days or less. The expected project duration is 65 days with a standard deviation of
9 days. What is the probability for completion of project in the specified time?
a) 50%
b) 95%
c) 99%
d) None of the above](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb182a0fa-bf93-4af5-b8c9-327c87f96365%2F09879e6d-25df-47cf-836e-79e9097ea436%2F2bzptr.png&w=3840&q=75)
Transcribed Image Text:A project manager needs to determine the probability of completing a project in 80
days or less. The expected project duration is 65 days with a standard deviation of
9 days. What is the probability for completion of project in the specified time?
a) 50%
b) 95%
c) 99%
d) None of the above
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