a. What is the probability the project will be finished weeks or less? b. What is the probability the project will be finished in 66 weeks or less? c. What is the probability the project will take longer than 65 weeks?
a. What is the probability the project will be finished weeks or less? b. What is the probability the project will be finished in 66 weeks or less? c. What is the probability the project will take longer than 65 weeks?
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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Question

Transcribed Image Text:2-41 The time to complete a construction project is normally
distributed with a mean of 60 weeks and a standard deviation of 4
weeks.
a. What is the probability the project will be finished in 62
weeks or less?
b. What is the probability the project will be finished in 66
weeks or less?
c. What is the probability the project will take longer than 65
weeks?
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Project management is the management in which different types of knowledge and skills are needed to produce valuable products or services for customers.
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