Homework Help is Here – Start Your Trial Now!
Math
Probability
A7-1 (Algo) Given the project information... Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 99-time units? Hint: Use the =NORM.S.DIST(z, TRUE) function in Excel to compute the probability. (Carry at least 2 decimal places in your task time and variance calculations and at least 3 decimal places in your z value calculation. Enter your final probability answer to 3 decimal places.) Acct. ID Description 1 Design package 2 Design product Build package 3 4 Secure patent 5 Build product Paint 6 7 Test market Predecessor None 1 1 2 2 3,4,5 6 Optimistic Most Likely Pessimistic Activity (a) (m) 6 16 4 24 17 4 13 The probability of completing the project in 99 time units is E2212212 19 7 27 29 7 Variance (b) Time (te) [(ba)/6]² Critical? 24 9 28 4 10 1 36 47 15 11 19 13 20 7 28 30 7.17 15.33 4 25 1.36 1 X X X X X

A7-1 (Algo) Given the project information... Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 99-time units? Hint: Use the =NORM.S.DIST(z, TRUE) function in Excel to compute the probability. (Carry at least 2 decimal places in your task time and variance calculations and at least 3 decimal places in your z value calculation. Enter your final probability answer to 3 decimal places.) Acct. ID Description 1 Design package 2 Design product Build package 3 4 Secure patent 5 Build product Paint 6 7 Test market Predecessor None 1 1 2 2 3,4,5 6 Optimistic Most Likely Pessimistic Activity (a) (m) 6 16 4 24 17 4 13 The probability of completing the project in 99 time units is E2212212 19 7 27 29 7 Variance (b) Time (te) [(ba)/6]² Critical? 24 9 28 4 10 1 36 47 15 11 19 13 20 7 28 30 7.17 15.33 4 25 1.36 1 X X X X X

A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
See similar textbooks
icon
Related questions
Question

Bhupatbhai 

A7-1 (Algo) Given the project information... Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 99-time units? Hint: Use the =NORM.S.DIST(z, TRUE) function in Excel to compute the probability. (Carry at least 2 decimal places in your task time and variance calculations and at least 3 decimal places in your z value calculation. Enter your final probability answer to 3 decimal places.) Acct. ID Description Design package 1 Design product Build package Secure patent Build product Paint Test market 234567 2 Predecessor None 1 1 2 2 3,4,5 6 Optimistic Most Likely Pessimistic Activity (a) (m) (b) 6 12 24 16 28 4 10 36 47 11 19 24 17 4 13 The probability of completing the project in 99 time units is 19 7 Variance Time (te) [(ba)/6]² Critical ? 9 4 27 29 7 15 13 20 7 28 30 7.17 15.33 1 4 25 1.36 1 X X xxx X X X
Transcribed Image Text:A7-1 (Algo) Given the project information... Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 99-time units? Hint: Use the =NORM.S.DIST(z, TRUE) function in Excel to compute the probability. (Carry at least 2 decimal places in your task time and variance calculations and at least 3 decimal places in your z value calculation. Enter your final probability answer to 3 decimal places.) Acct. ID Description Design package 1 Design product Build package Secure patent Build product Paint Test market 234567 2 Predecessor None 1 1 2 2 3,4,5 6 Optimistic Most Likely Pessimistic Activity (a) (m) (b) 6 12 24 16 28 4 10 36 47 11 19 24 17 4 13 The probability of completing the project in 99 time units is 19 7 Variance Time (te) [(ba)/6]² Critical ? 9 4 27 29 7 15 13 20 7 28 30 7.17 15.33 1 4 25 1.36 1 X X xxx X X X
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 8 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer