Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 93-time units? Hint: Use the =NORM.S.DIST(2, 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.) Variance Optimintic Most LikelyPessinistic Activity (a) Time (te) ((b - a)/61 critical 2 (m) 12 (b) 24 Description Predecessor Design package Design produet Build package Secure patent Build producet Paint Acct. ID 13 None 17 19 28 20.17 3.36 2 4 7. 10 36 47 28 30 24 27 2 17 29 25 10 3,4,5 6 6. 4 13 14 19 14.67 1. Test market The probability of completing the project in 93 time units is
Given the project information in the following table, what is the probability of completing the National Holiday Toy project in 93-time units? Hint: Use the =NORM.S.DIST(2, 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.) Variance Optimintic Most LikelyPessinistic Activity (a) Time (te) ((b - a)/61 critical 2 (m) 12 (b) 24 Description Predecessor Design package Design produet Build package Secure patent Build producet Paint Acct. ID 13 None 17 19 28 20.17 3.36 2 4 7. 10 36 47 28 30 24 27 2 17 29 25 10 3,4,5 6 6. 4 13 14 19 14.67 1. Test market The probability of completing the project in 93 time units is
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Transcribed Image Text:Given the project information in the following table, what is the probability of completing the National Holiday Toy project in
93-time units? Hint: Use the =NORM.S.DIST(2, 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.)
Variance
Optimintic Most LikelyPessinistic Activity
(a)
Time (te) ((b - a)/61? critical 2
(m)
12
(b)
24
Description Predecessor
Design package
Design produet
Build package
Secure patent
Build producet
Paint
Acct. ID
13
None
17
19
28
20.17
3.36
2
4
7.
10
36
47
28
30
7
24
27
2
17
29
25
4
10
3,4,5
6
6.
13
14
19
14.67
1.
Test market
The probability of completing the project in 93 time units is
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