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Recently, you were assigned to manage a project for your company. You have constructed a network diagram depicting the various activities in the project (shown below to the right). In addition, you have asked your team to estimate the amount of time that they would expect each of the activities to take. Their responses are shown in the following table: Time Estimates (days) Activity Optimistic Most Likely A 4 B 3 C 4 D 1 E 3 8 7 5 4 8 Pessimistic 12 10 8 5 9 Start B D E Finish a. What is the expected completion time of the project? The expected completion time is 19 days. (Enter your response as an integer.) b. What is the probability of completing the project in 21 days? Refer to the standard normal table. The probability of completing the project in 21 days is J (Enter your response rounded to four decimal places.)

Recently, you were assigned to manage a project for your company. You have constructed a network diagram depicting the various activities in the project (shown below to the right). In addition, you have asked your team to estimate the amount of time that they would expect each of the activities to take. Their responses are shown in the following table: Time Estimates (days) Activity Optimistic Most Likely A 4 B 3 C 4 D 1 E 3 8 7 5 4 8 Pessimistic 12 10 8 5 9 Start B D E Finish a. What is the expected completion time of the project? The expected completion time is 19 days. (Enter your response as an integer.) b. What is the probability of completing the project in 21 days? Refer to the standard normal table. The probability of completing the project in 21 days is J (Enter your response rounded to four decimal places.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.2: Representing Data
Problem 13PPS
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Recently, you were assigned to manage a project for your company. You have constructed a network diagram depicting the various activities in the project (shown below to the right). In addition, you have asked your team to estimate the amount of time that they would expect each of the activities to take. Their responses are shown in the following table: Time Estimates (days) Activity Optimistic Most Likely A 4 B 3 C D E 4 1 3 8 7 5 4 8 Pessimistic 12 10 8 5 9 Start A B E Finish a. What is the expected completion time of the project? The expected completion time is 19 days. (Enter your response as an integer.) b. What is the probability of completing the project in 21 days? Refer to the standard normal table. The probability of completing the project in 21 days is N (Enter your response rounded to four decimal places.)
Transcribed Image Text:Recently, you were assigned to manage a project for your company. You have constructed a network diagram depicting the various activities in the project (shown below to the right). In addition, you have asked your team to estimate the amount of time that they would expect each of the activities to take. Their responses are shown in the following table: Time Estimates (days) Activity Optimistic Most Likely A 4 B 3 C D E 4 1 3 8 7 5 4 8 Pessimistic 12 10 8 5 9 Start A B E Finish a. What is the expected completion time of the project? The expected completion time is 19 days. (Enter your response as an integer.) b. What is the probability of completing the project in 21 days? Refer to the standard normal table. The probability of completing the project in 21 days is N (Enter your response rounded to four decimal places.)
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